Mindwalk Ltd
The Financial Services Regulatory Commission – Nevis Branch’s (FSRC – Nevis Branch) attention has been brought to a reproduction of a Certificate of Incorporation for Mindwalk, Ltd and an Endorsement Certificate for Mindwalk, Ltd which purport to have been issued by the Registrar of Corporations in accordance…
Read MoreAugust 2018 Newsletter – Correspondent Banking
Correspondent banking is the provision of banking services by one bank (the “correspondent bank”) to another bank (the “respondent bank”). Large international banks typically act as correspondents for thousands of other banks around the world.
Read MoreFSRC Nevis Monthly Statistical Bulletin – August 2018
The graph below provides 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 FSRC Nevis Monthly Statistical Bulletin – August, 2018.
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Nevis Premier Issues Statement Rebutting Article In UK’s The Guardian Newspaper
The following is a statement from Hon. Mark Brantley, Premier of Nevis and Minister of Finance in the Nevis Island Administration (NIA) dated July 16, 2018, in response to an article on Nevis’s Offshore Financial Services penned by contributor Mr. Oliver Bullough appearing on July 12, 2018, in the…
Read MoreECCU Regulatory Oversight Committee Advisory on Fintech Operations
The Eastern Caribbean Currency Union (ECCU) Regulatory Oversight Committee (ROC) held its 20th Meeting on 3rd July 2018 in Basseterre, St. Kitts. The ROC comprises Regulators from each ECCU member territory, the Eastern Caribbean Central Bank (ECCB) and the Eastern Caribbean Securities Regulatory Commission…
Read MoreNorgate Insurance Group Ltd
The Financial Services Regulatory Commission, Nevis Branch has recently been made aware that Norgate Insurance Group Ltd has been making representation as a general insurer offering various insurance products from within Nevis.
Read MoreBitcoin ATM Not Authorised by Regulators in ECCU
It has come to the attention of the Eastern Caribbean Central Bank (ECCB) and the Financial Services Regulatory Commission of St Kitts and Nevis (FSRC) that a Bitcoin ATM has been installed at a location in the Federation of St Kitts and Nevis. It is also our understanding that there are plans for the…
Read MoreJuly 2018 Newsletter – National Risk Assessment
A National Risk Assessment (NRA) is a comprehensive assessment of money laundering and terrorist financing risks (ML/TF) in a country. An NRA report highlights good governance practices in establishing NRAs and how the results are used to inform public policy and makes concrete recommendations where…
Read MoreFSRC Nevis Monthly Statistical Bulletin – July 2018
The graph below provides 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 FSRC Nevis Monthly Statistical Bulletin – July, 2018.
Read MoreOFAC List – June 11, 2018
CHANGES TO THE Specially Designated Nationals and Blocked Persons List
Read MoreECCB Advisory on Fintech operations in the ECCU
The Eastern Caribbean Central Bank (ECCB) is aware of the emergence of several initiatives which compete directly with traditional financial services. These include but are not limited to: peer to peer lending, digital wallets, crowd funding ventures, crypto-assets and initial coin offerings (ICOs) in…
Read MoreStatistical Bulletin – 1st and 2nd Quarter 2018
The graphs below provide important statistics on the monthly incorporation and registration activities of the Financial Services Registry.
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