Guidance to completing the Individual Capital Guidance module of BSL/2
Module 7, Individual Capital Guidance (”ICG”) is intended to show the Commission that a bank has adequate financial resources to meet the risks to which it is exposed.
Read MoreGuidance to completing the Prudential Information module of BSL/2
Report deposit liabilities of the bank placed by a group company (“group” has the meaning given in section 2 of the Nevis International Banking Ordinance, 2014 (the “Ordinance”)). This definition may not necessarily concur with those applied by the bank’s auditors under US or International…
Read MoreGuidance to completing the Maturity Analysis module of BSL/2
The Regulator recognises that banks may not measure their liquidity using the particular maturity ladder technique described below. Nevertheless all banks are required to complete this section.
Read MoreGuidance on the Internal Capital Adequacy Assessment Process (ICAAP)
International Banks regulated by the Financial Services (Regulation and Supervision) Department (FSRC – Nevis Branch) are required to submit an ICAAP every year to the Regulator of International Banking – though this can be in the form of an annual update.
Read MoreJanuary 2018 Newsletter – Legalisation by Apostille
A large number of countries all over the world have joined a treaty that greatly simplifies the authentication of public documents to be used abroad. This treaty is called the Convention de La Haye du 5 Octobre 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents
Read MoreFSRC Nevis Monthly Statistical Bulletin – January 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 – January, 2018.
Read MoreStatistical Bulletin – 3rd and 4th Quarter 2017
The graphs below provide important statistics on the monthly incorporation and registration activities of the Financial Services Registry.
Read MoreDecember 2017 Newsletter – The Year In Review
Staffing Changes, Compliance Matters, International Insurance, Revised Ordinances, Training, Seminars, Meetings, Statistics, Upcoming events for 2018
Read MoreFSRC Nevis Monthly Statistical Bulletin – December 2017
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 – December, 2017.
Read MoreCFATF Public Statement/ Notice of Exiting the Follow-Up Process- Georgetown,Guyana
On the 15th day of November 2017, the Caribbean Financial Action Task Force issued a public statement which highlighted the progress made by Haiti in improving its AML/CFT regime. Haiti was identified as a jurisdiction with strategic deficiencies and through significantly addressing its deficiencies,…
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