January 2019 Newsletter – Regulation of Virtual Assets
Amendment to FATF Recommendations to address the Regulation of Virtual Assets.
Read MoreDecember 2018 Newsletter – The Year In Review
Staffing changes, compliance matters, training, seminars, meetings, statistics
Read MoreStatistical Bulletin – 3rd and 4th Quarter 2018
The graphs below provide important statistics on the monthly incorporation and registration activities of the Financial Services Registry.
Read MoreFSRC Nevis Monthly Statistical Bulletin – December 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 December, 2018.
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NIA amends legislation governing Nevis’ Offshore Financial Services Sector to satisfy EU demand
The Nevis Business Corporation (Amendment) Bill, 2018 and the Nevis Limited Liability Company (Amendment) Bill, 2018 were passed unopposed at a sitting of the Nevis Island Assembly on December 28, 2018.
Read MoreOFAC List – November 2, 2018
CHANGES TO THE Specially Designated Nationals and Blocked Persons List
Read MoreFSRC Nevis Monthly Statistical Bulletin – November 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 November, 2018.
Read MoreNovember 2018 Newsletter – Trade-Based money laundering
Financial Action Task Force (FATF) defines Trade-Based Money Laundering (TBML) as “the process of disguising the proceeds of crime and moving value through the use of trade transactions in an attempt to legitimise their illicit origin.” Due to the increasing trend towards globalisation, international…
Read MoreFATF Public Statement – Paris, France, October 19, 2018
On the 19th day of October 2018, the Financial Action Task Force (FATF) issued a Public Statement on the Democratic People’s Republic of Korea (DPRK) and called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the ongoing and substantial…
Read MoreCFATF Public Statement – May 2018 Trinidad
On 31st May 2018, the Caribbean Financial Action Task Force (CFATF) issued a public statement which stated that Haiti had been removed from the CFATF – International Co-operation Review Group (ICRG) monitoring process. The jurisdiction was encouraged to continue to address its outstanding deficiencies…
Read MoreOFAC List – October 23, 2018
CHANGES TO THE Specially Designated Nationals and Blocked Persons List
Read MoreOFAC List – October 17, 2018
CHANGES TO THE Specially Designated Nationals and Blocked Persons List
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