First Quarter 2022 Newsletter- The Nevis Trust and Corporate Service Providers (TCSPs) Updated Sectoral Risk Summary(Part 1)
During 2021, a total of 1,839 new entities were incorporated/ registered in 2021. The Table below outlines the differences between incorporations for the years 2021 and 2020. Overall, there has been a 23% increase in the total number of incorporations/ registrations for 2021 when compared to incorporations in 2020. As seen in the Table where the percentage changes are shown, registrations in 2021 increased in all of the product areas.
Read MoreOFAC Specially Designated Nationals and Blocked Persons List – April 7 2022
Specially Designated Nationals and Blocked Persons List
Read MoreOFAC Specially Designated Nationals and Blocked Persons List – April 5 2022
Specially Designated Nationals and Blocked Persons List
Read MoreECCB- Advisory on the International Sanctions Against Russia
This Advisory is being issued to inform Licensed Financial Institutions (LFIs) under the Banking Act 2015, of the issued sanctions against the Russia Federation, by the United States of America and its allies. The impact of these sanctions emphasises the need for enhanced scrutiny and diligence of all banking transactions and relationships involving Russia.
Read MoreOFAC Specially Designated Nationals and Blocked Persons List – March 30 2022
Specially Designated Nationals and Blocked Persons List
Read More