That's a loaded question!
You'll find tourists that will say it's too regulated & some tourists say it's not regulated enough.....????
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It's always the same balancing act between the "capital of casual" being interpreted by the visitors as anything goes and trying to have some kind common sense regulations.
Back when I had the boats we didn't even need insurance or any sort of license. But Negril was a tenth of what it is today.
Tourist business "no easy"