In 2014, the Nevis International Banking Ordinance came into being empowering the Minister of Finance, Nevis Island Administration to licence international banks in Nevis. Currently one such bank, part of a larger banking group in Nevis, is authorised. The Nevis Financial Services (Regulation and Supervision) Department (FSRC – Nevis Branch) is responsible for the supervision of international banks.
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Guidelines for External Auditing of Institutions Licensed under The Nevis International Banking Ordinance, 2014
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