Registration of Licensed Non-bank Financial Institutions in Compliance with FATCA
The Member Governments of the Eastern Caribbean Currency Union (ECCU) have commenced discussions with the United States of America (US) towards executing an InterGovernmental Agreement (IGA) for the implementation of the provisions of the US Foreign
Account Tax Compliance Act (FATCA).
FX Systems Ltd
The Financial Services Regulatory Commission, Nevis Branch has recently been made aware that Nevis International Business Company FX SYSTEMS LTD is offering investments and trading in forex related products and services through its website
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Permanent Secretary, Ministry of Finance, NIA delivers remarks at Nevis Financial Services Department’s 2014 AML/CFT Awareness Seminar and Training Workshop
The Nevis Island Administration (NIA) will continue to invest the necessary resources to enhance knowledge in the financial sector. That disclosure was made by Permanent Secretary in the Ministry of Finance Laurie Lawrence when he delivered remarks at the Nevis Financial Services Regulation and Supervision Department’s 2014 Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) Seminar and Training workshop at the Occasions Entertainment Arcade on March 03, 2014.
Read MoreMarch 2014 Newsletter – Recap of 2014 Seminar / Plans for 30th Anniversary Celebrations / FATCA
Under the theme “Redefining our Global Vision through Knowledge Enhancement” the Nevis Financial Services Regulation and Supervision Department held its annual AML/CFT Awareness Seminar and Training Workshop on Tuesday March 3 and Wednesday March 4, 2014.
Read MoreFATF-Public-Statement – June 2014
The Financial Action Task Force (FATF) is the global standard setting body for anti-money laundering and combating the financing of terrorism (AML/CFT). In order to protect the international financial system from money laundering and financing of terrorism (ML/FT) risks and to encourage greater compliance with the AML/CFT standards, the FATF identified jurisdictions that have strategic deficiencies and works with them to addr ss those deficiencies that pose a risk to the international financial system.
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