OFAC guidance -Sanctions against Iran posted: November 26, 2014
On November 24, 2013, the United States and its partners in the P5 + 1 (China, France, Germany, Russia, the United Kingdom, and the United States, coordinated by the European Union’s High Representative) reached an initial understanding with Iran, outlined in a Joint Plan of Action (JPOA), that halts progress on Iran’s nuclear program and rolls it back in key respects. In return for Iran’s commitment to place meaningful limits on its nuclear program, the P5+1 committed to provide Iran with limited, targeted, and reversible sanctions relief
Read MorePolicy note re: APOSTILLES documents for filing
Kindly note that effective January 01, 2015, the following policy will be applicable to all concerned re: APOSTILLES documents for filing.
Read MoreOctober 2014 Newsletter – Good Auditing Principles and Characteristics
In accordance with section 35 of the Financial Services Regulatory Commission Act 2009, (FSRC Act), all regulated entities are obligated to annually appoint an auditor with an accreditation of Chartered Public Accountant or Association of Certified Chartered Accountant, satisfactory to the Commission.
Read MoreRevocation Advisory for Leroy V. Matthew
The Nevis Financial Services Regulation and Supervision Department hereby advises that the licence for Leroy V. Matthew to act as a Registered Agent has been revoked.
Read MoreSeptember 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.
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