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Real Money

July 2015 Newsletter – The Global Forum on Transparency and Exchange of Information for Tax Purposes

This edition provides information about the Global Forum on Transparency and Exchange of Information for Tax Purposes (“Global Forum”) for jurisdictions participating in the international effort to combat tax evasion and avoidance through transparency and tax information exchange.

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June 2015 Newsletter – Verification Methods

Commonly referred to as Guidance Notes, the Financial Services (Implementation of Industry Standards) Regulations, 2011 were issued in accordance with Section 52 of the Financial Services Regulatory Commission Act, Cap 21.10. The Guidance Notes represent what is considered to be best industry practice and set out what is reasonably to be expected of regulated entities.

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May 2015 Newsletter – Customer Identification Program

Identification Procedures in Relation to Business Relationships and One-Off Transactions Pursuant to Regulation 4 of the Anti-Money Laundering Regulations, 2011

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April 2015 Newsletter – Minimum Guidelines for the role & appointment of compliance & reporting officers

Each regulated entity is required to appoint a fit and proper individual approved by the Financial Services Regulatory Commission as its Compliance Officer (“CO”).

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March 2015 Newsletter – Recap of 2015 Seminar

On March 3 and 4, 2015, the Nevis Financial Services Department held its annual Seminar and Training Workshop at the Four Seasons Resort, Nevis under the theme, “De-risking your Institution by Improving the Culture of Compliance.”

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