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Regulator Performance Overview
100
17
14
5
0
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
Medium
Tier 3
International business company; international bank; trust & insurance; mutual fund; registered agent; forex dealer
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
Effectiveness of regulatory framework and enforcement
This regulator shows below average performance with an overall score of 17.
Strongest performance in Institutional
Transparency Level: medium
Global Tier: tier3
The Financial Services Authority (FSA) was formed on November 12, 2012, when the Financial Services Authority Act, No. 33 of 2011, was passed by the Parliament of St.
Vincent and the Grenadines. The purpose of this independent body, established by statutory provision, was to implement a single regulatory framework that would be used to regulate certain entities in the financial services sector.
The FSA would be responsible for administering, controlling, and overseeing the international financial services industry and domestic non-bank industries throughout the country.
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
North Korea – UN-sanctioned countries
USD 35k–80k plus capital; IBC
Saint Vincent and the Grenadines
St Vincent – offshore
North Korea – UN-sanctioned countries
Retail agency (STP); market maker; principal trading; offshore
Online portal available
FSA complaints & Financial Services Ombudsman
1:500
Information not available
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
Brokers authorized and regulated by this authority
South Korea
United StatesSouth Korea+4 more licenses
Hong Kong
Cyprus
Seychelles
TaiwanTaiwanHong KongUnited States
Saint Vincent and the Grenadines
Saint Lucia
MalaysiaSaint Vincent and the Grenadines
Canada
AustraliaMalaysiaMalaysiaSaint Vincent and the GrenadinesSaint Vincent and the Grenadines
Mauritius
ComorosSaint LuciaSaint Vincent and the Grenadines
