FSRC Nevis Monthly Statistical Bulletin – April 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 – April, 2018.

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March 2018 Newsletter – 2018 AML/CFT Awareness Seminar & Training Workshop

The Nevis Financial Services (Regulation and Supervision) Department will be hosting its 13th annual Anti-Money Laundering/Countering Financing of terrorism (AML/CFT) Awareness Seminar and Training Workshop on Monday, May 14 and
Tuesday, May 15, 2018 at the Four Seasons Resort Nevis. This year the…

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FSRC Nevis Monthly Statistical Bulletin – March 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 – March, 2018.

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February 2018 Newsletter – Know Your Employee

The headlines today are filled with many instances of how employees have caused reputational and financial damage to businesses because of bad publicity. How can this be prevented? The reality is, that although total prevention is impossible, regulated entities can minimize their risks by implementing…

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FSRC Nevis Monthly Statistical Bulletin – February 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 – February, 2018.

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Nevis International Exempt Trust Ordinance 2016

AN ORDINANCE to repeal and replace the Nevis International Exempt Trust Ordinance, with the Nevis International Exempt Trust Ordinance, 2016 to make provisions for the law relating to international trusts and for matters incidental thereto or connected therewith.

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Template for Nieto 2016 comments

Template for Nieto 2016 comments

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Discussion Paper on Proposed Prudential Framework under the Nevis International Banking Ordinance, 2014

In 2014, the Nevis International Banking Ordinance came into being empowering the Minister of Finance, Nevis Island Administration to licence international banks in Nevis. Currently one such bank, part of a larger banking group in Nevis, is authorised. The Nevis Financial Services (Regulation and Supervision)…

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Guidelines for External Auditing of Institutions Licensed under The Nevis International Banking Ordinance, 2014

The Regulator of International Banking, in exercise of the powers conferred on it by schedule 6 of the Nevis International Banking Regulations, 2015 issues the following revised Prudential Guidelines

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Guidelines on Credit Risk Management For Institutions Licensed to Conduct International Banking Business Under The Nevis International Banking Ordinance, 2014

The major cause of serious banking problems continues to be ineffective credit risk management. For this reason, credit quality is considered a primary indicator of the financial soundness of these institutions.

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Large Exposure Policy

This Large Exposure Policy document has the status of guidance made under section 6 of the Nevis International Banking Regulations, 2015.

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Guidance on Liquidity Risk Management

In September 2008 the Basel Committee on Banking Supervision (‘the Basel Committee’) issued a paper entitled “Principles for Sound Liquidity Risk Management and Supervision” (‘the Principles’). Previous to issuance, the Basel Committee conducted a fundamental review of its guidance issued…

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