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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) Department (FSRC – Nevis Branch) is responsible for the supervision of international banks.

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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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