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Nevis Financial Services Development Marketing Department Newsletter.

Mondaq Business Briefing, June, 2004

FINANCIAL SERVICES SECTOR UPDATE

New Regulator Expected

As of 1 July 2004, a new regulator is expected to be appointed at the Regulation and Supervision Department. These and other changes are being undertaken in an effort to continue to maintain the outstanding reputation of the island as Nevis moves into new products and services in the international financial services sector. The new regulator will replace Mr. Neville Cadogan, who returned to his homeland of Jamaica following his resignation in March 2004. During the interim period, Mr. Vieoence C. Prentice, Assistant Regulator served in the post as Acting Regulator in the Nevis Financial Services Regulation & Supervision Department.

Results: A Bright Future for the Nevis Financial Services...

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