Welcome To The Financial Services Regulatory Commission (FSRC)

General Notice | 28th May 2020

The Financial Services Regulatory Commission (FSRC) - St. Kitts Branch wishes to remind you of the required documents which are to be submitted at the end of your entity's financial year:

1. The Reporting Forms as outlined in Section 19 of the Financial Services (Trust and Corporate Business) (FSTCB) Regulations, No. 3 of 2019, include the following:

   1. Audited financial statements are to be submitted for the legal person;
   2. Audited financial statements are to be submitted for the natural person with revenue in excess of EC$50,000 and 
   3. The Reporting Forms as set out in Schedule 3 are to be submitted for the natural person with revenue of EC$50,000 or less.
2. A Certificate of Compliance in accordance with the following legislation:
   1. Regulation 3 of the Financial Services (Implementation of Industry Standards) Regulations (FSR), No. 51 of 2011, which states that "Regulated Entities carrying on financial services business are required to submit a Certificate of Compliance with anti-money laundering regulations on an annual basis together with their audited financial statements." An example can be found in Appendix L of the FSR.
   2. Section 19(c) of the FSTCB Regulations, No. 3 of 19 which states: "The Certificate of Compliance should be issued by an independent auditor to verify that its business is in accordance with the information provided during  the application process and the AML/CFT Lawas and Regulations of St. Kitts and Nevis."
3. Annual Reports on compliance with anti-money laundering and anti-terrorism regulations in accordance Regulation 116 of the FSR.

Please be guided accordingly.

Notice - 28th May, 2020

1. A Certifictae of Compliance in accordance with Regulation 3 of the Financial Services (Implementation of Industry Standards)  Regulations (FSR), No. 51 of 2011, which states that "Regulated Entities carrying on financial services business are required to submit a Certificate of Compliance with anti-money laundering regulations on an annual basis together with their audited financial statements."  An example can be found in Appendix L of the (FSR).
2. Annual Reports on compliance with anti-money laundering and anti-terrorism regulations in accordance with Regulation 116 of the FSR.

Please be guided accordingly.

General Notice - 23rd April 2020

The Financial Services Regulatory Commission would like to inform the public that the office will be reopened on Monday 27th April 2020 under relaxed curfew hours from 9:00 am to 12 pm.

Please note that one (1) person at a time would be admitted for service.

All persons are required to wear a mask and hands will be sanitised upon entry.

We apologise for any inconvenience caused as we continue to remain informed by the National Authorities for guidance.

Please be guided accordingly.