Funds Security
Real Money

February 2019 Newsletter – Annual AML/CFT Conference

The Nevis Financial Services (Regulation and Supervision) Department will host its 14th Annual AML/CFT Conference on Monday, March 11 and Tuesday, March 12, 2019 at the Four Seasons Resort Nevis. This year the Conference will be held under the theme, “Conquering the Compliance Divide: Effective vs. Defective – Bridging the Gap in Today’s Regulatory Environment.”

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January 2019 Newsletter – Regulation of Virtual Assets

Amendment to FATF Recommendations to address the Regulation of Virtual Assets.

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December 2018 Newsletter – The Year In Review

Staffing changes, compliance matters, training, seminars, meetings, statistics

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November 2018 Newsletter – Trade-Based money laundering

Financial Action Task Force (FATF) defines Trade-Based Money Laundering (TBML) as “the process of disguising the proceeds of crime and moving value through the use of trade transactions in an attempt to legitimise their illicit origin.” Due to the increasing trend towards globalisation, international trade has steadily increased from prior years to over $40 trillion in goods and services worldwide in 2016.

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October 2018 Newsletter – Financial Information Month

Financial Information Month (FIM) is a regional financial, economic, business and entrepreneurial education campaign executed in the Eastern Caribbean Currency Union (ECCU) since 2002, through the collaborative efforts of the Eastern Caribbean Central Bank (ECCB), ECCU member governments, financial and academic institutions, the media, other private and public sector institutions and community-based groups.

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