Browsing: Financial Services Authority (FSA)

The Financial Services Authority (FSA) and the Financial Intelligence Unit (FIU) have launched an investigation into allegations of financial irregularities regarding Loyal Bank Limited, an international bank licensed to operate from within SVG

The relevant authorities here in St. Vincent and the Grenadines has issued a joint statement strongly denouncing the description of St. Vincent and the Grenadines as being “notorious for money laundering” and a “prime money laundering destination.”