CFATF Public Statement – November 20th 2013
The Caribbean Financial Action Task Force (CFATF) is an organisation of twenty-nine jurisdictions of the Caribbean Basin Region, which have agreed to implement the international standards for Anti-money Laundering and Combating the Financing of Terrorism (AML/CFT), Financial Action Task Force Recommendations…
Read MoreMeta Trade Forex & Finance Group Inc.
The British Virgin Islands Financial Services Commission (“FSC”) has been made aware that an entity calling itself Meta Trade Forex & Finance Group Inc
Read MoreUnauthorised Offshore Service Providers
It has been brought to our attention that there are companies and/or individuals that claim either directly or indirectly to be authorized to conduct Financial services business from Nevis when, in fact this may not be correct.
Read MoreFirst Oceanic Credit Union
Not an entity registered on the island of Nevis. This entity is engaging in fraudulent activities.
Read MoreEquity Credit Union
It has been brought to our attention that Equity Credit Union and/or individuals associated with this entity are claiming to be “registered” by the Eastern Caribbean Central Bank to conduct the business of banking in Nevis.
Read MoreCFATF – SKN – follow-up report November, 2013
This report represents an analysis of St. Kitts and Nevis’ report to the CFATF Plenary concerning the progress it has made with regard to correcting the deficiencies that were identified in its third round Mutual Evaluation Report.
Read MoreNovember 2013 Newsletter – Customer Due Diligence (CDD) cont’d
When performing elements (a) and (b) of the CDD measures specified under Recommendation 10, (identified on pg 1 of last month’s issue) financial institutions should also be required to verify that any person purporting to act on behalf of the customer is so authorised and should identify and verify…
Read MoreFATF Public Statement, 18 October 2013
The Financial Action Task Force (FATF) is the global standard setting body for anti-money laundering and combating the financing of terrorism (AML/CFT).
Read MoreOceanic Credit Union
It has been brought to our attention that Oceanic Credit Union and/or individuals associated with this entity are claiming to be “registered” by the Eastern Caribbean Central Bank to conduct the business of banking in Nevis.
Read MoreOctober 2013 Newsletter – Customer Due Diligence (CDD)
Financial institutions should be prohibited from keeping anonymous accounts or accounts in obviously fictitious names.
Read MoreMalchus Irvin R. Boncamper, A.F.M Services Group et al.
The public is advised that information contained on the website is misleading, and that the following individual and companies are not licensed to conduct international/offshore financial services business in any capacity, in and from within Nevis
Read MoreArgus Global Equities Limited
Recently, we have received a number of complaints regarding the business practices of Argus Global Equities Limited, a company registered under the Nevis Business Corporation Ordinance, 1984.
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