September 2013 Newsletter – Mutual Exchange of Information on Taxation Matters
The purpose of the Saint Christopher and Nevis (Mutual Exchange of Information on Taxation Matters) Act, 2009
Read MoreAugust 2013 Newsletter – How to Achieve Better Corporate Governance Vol. 1
Corporate governance refers to the set of systems, principles and processes by which a company is governed. They provide the guidelines as to how the company can be directed or controlled such that it can fulfil its goals and objectives in a manner that adds to the value of the company and is also beneficial for all stakeholders in the long term.
Read MoreJuly 2013 Newsletter – Governance, Risk, Management & Compliance (GRC)
Governance, risk management, and compliance or GRC is the umbrella term covering an organization’s approach across these three areas. Being closely related concerns, governance, risk and compliance activities are increasingly being integrated and aligned to some extent in order to avoid conflicts, wasteful overlaps and gaps.
Read MoreJune 2013 Newsletter – Politically Exposed Persons (PEPs) Risk
Politically Exposed Persons – will include senior political figures, their immediate family and close associates.
Read MoreMay 2013 Newsletter – Detecting and Reporting Suspicious Activities
In an effort to combat money-laundering, it is increasingly more important for regulated entities to develop effective methods to detect and filter suspicious activities. Regulated businesses must be alert to the implications of the flows and transaction patterns of existing customers, particularly where there is a significant, unexpected and unexplained change in the behaviour of a customer in his use of an account or other financial services product.
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