September 2014 Newsletter – High Risk Factors in AML/CFT
Regulated businesses are to develop and implement monitoring processes for detecting and reporting suspicious activities with emphasis on high-risk countries. Policies and procedures should focus on combating money laundering and countering the financing of terrorism which would provide the foundation for this fight.
Read MoreRevocation Advisory for Administrative Trust Services Limited
The Nevis Financial Services Regulation and Supervision Department hereby advises that the licence of Administrative Trust Services Limited to act as a Registered Agent has been revoked.
Read MoreRussian Federation Sanctions
Russia’s military intervention in Ukraine, purported annexation of Crimea, and ongoing violation of Ukraine’s sovereignty and territorial integrity breach its core obligations under international law and threaten international peace and stability.
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