Statement on La Providence LLC / La Providence Ltd
The Financial Services Regulatory Commission (FSRC) – Nevis Branch also referred to as the Nevis Financial Services (Regulation and Supervision) Department issues this statement in light of the recent circulation of documents on the internet purporting to show that the French Presidential candidate, Emmanuel Macron created a company on the island of Nevis.
Read MoreMay 2017 Newsletter – Fitness & Propriety
The information herein is provided to assist regulated entities in applying the fit and proper test to relevant persons. A relevant person is defined in the AMLR as a person carrying on relevant business. Relevant business is defined as engaging by way of business in one or more of the businesses or transactions referred to in relation to a regulated person. A regulated person means any person carrying on a regulated business activity as defined under the Proceeds of Crime Act (POCA).
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