February 2020 Newsletter – Information on the CFATF Mutual Evaluation & The National Risk Assessment

The Caribbean Financial Action Task Force (CFATF) conducts mutual
evaluations of its members on an ongoing basis. As part of the mutual
evaluation process, a team of experts from other members will conduct an
onsite visit to St. Kitts and Nevis from March 23 – April 03, 2020.

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January 2020 Newsletter – Legislative Updates

During the past year and a half, a number of amendments were made to legislation governing
regulated entities.

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SAINT KITTS AND NEVIS REMOVED FROM EU’S LIST OF NON-COOPERATIVE JURISDICTIONS

The Federation of Saint Kitts and Nevis has been removed from the European Union’s list of non-cooperative jurisdictions.

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FSRC Nevis Monthly Statistical Bulletin – January 2020

The graph below provide important statistics on the monthly incorporation and registration activities of the Corporate Registry of the Nevis Financial Services (Regulation & Supervision) Department for the month of January 2020.

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December 2019 Newsletter – The Year In Review

Staffing changes, compliance matters, training, seminars, meetings, statistics

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FSRC Nevis Monthly Statistical Bulletin – December 2019

The graph below provide important statistics on the monthly incorporation and registration activities of the Corporate Registry of the Nevis Financial Services (Regulation & Supervision) Department for the month of December 2019.

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Statistical Bulletin – 3rd and 4th Quarter 2019

The graphs below provide important statistics on the monthly incorporation and registration activities of the Financial Services Registry.

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Warning- Nevis Capital Bank

It has been brought to our attention that Nevis Capital Bank through its website https://nevisbank.capital/ is purporting to be a licensed international banking provider of the following banking services:

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FSRC Nevis Monthly Statistical Bulletin – November 2019

The graph below provide important statistics on the monthly incorporation and registration activities of the Corporate Registry of the Nevis Financial Services (Regulation & Supervision) Department for the month of November 2019.

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CFATF Public Statement – Antigua and Barbuda – November 2019

On the 27th day of November, 2019, the Caribbean Financial Action Task Force (CFATF) issued a Public Statement on Sint Maarten at the L Plenary in St. Johns, Antigua and Barbuda.

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November 2019 Newsletter – Targeted Financial Sanctions Related To Terrorism and Terrorist Financing – FATF Recommendation 6

Any person who has possession, custody or control of property that belongs to a terrorist or a designated terrorist group owned or controlled by a terrorist; or has information about a transaction or proposed transaction in respect of the property, shall immediately inform the Chief of Police, FIU or…

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October 2019 Newsletter – Targeted Financial Sanctions Related To Terrorism and Terrorist Financing – FATF Recommendation 6

Recommendation 6 requires each country to implement the targeted financial sanctions regimes to comply with the United Nations Security Council Resolutions (UNSCRs or resolutions) relating to the prevention and suppression of terrorism and terrorist financing.

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