Tag Archives: caribbean

Attorney General Wilkin Supports Virtual Asset (Amendment) Bill, 2024, In A Move To Enhance Anti-Money Laundering Measures

Basseterre, St. Kitts – Attorney General (AG) and Minister of Justice and Legal Affairs, the Honourable Garth Wilkin, strongly supported the Virtual Asset (Amendment) Bill, 2024, which was passed in the Federal Parliament on Friday, May 10, 2024. The Bill aims to strengthen the existing provisions of the Virtual Asset Act, Cap. 21.29. The amendment, […]

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Amendments To The Virtual Asset Act Bring St. Kitts And Nevis Further In Line With The Financial Action Task Force (FATF) Standards

Basseterre, St. Kitts – The Government of St. Kitts and Nevis has again demonstrated its willingness and commitment to being a responsible member of the international community by passing several crucial amendments to the Virtual Asset Act during the Friday, May 10, 2024, Sitting of the National Assembly. The Virtual Asset (Amendment) Bill, 2024, was moved […]

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24-Hour Water Service Returns To Cayon And Neighouring Communities With The Commissioning Of The New Water Well At Cabbage Tree

Basseterre, St. Kitts – During a landmark ceremony on Friday, May 10, 2024, Cabinet Ministers, senior government officials and representatives from Bedrock Exploration Development Technologies St. Kitts Ltd (BEAD) raised glasses of fresh tap water with residents of Cayon, signalling the return of 24-hour water service to the community following the official commissioning and handing over […]

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Saint Christopher And Nevis Strengthens Justice System With Passage Of Justice Interference Prevention Bill, 2024

Basseterre, St. Kitts – The Federal Parliament of Saint Christopher and Nevis, on Thursday, May 09, 2024, passed the Justice Interference Prevention Bill, 2024, a pivotal legislation aimed at fortifying the criminal justice system against interference in legal proceedings. The Bill, passionately championed by Attorney General (AG), the Honourable Garth Wilkin, addressed critical issues of witness […]

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St. Kitts And Nevis Takes Firm Stance Against Illegal Gun Ownership With Passage Of Firearms (Amendment) Bill, 2024

Basseterre, St. Kitts – The Federal Parliament of St. Kitts and Nevis has approved the Firearms (Amendment) Bill, 2024, signalling a resolute stance against illegal gun ownership and use in the Federation. The Honourable Garth Wilkin, Attorney-General (AG) and Minister of Justice and Legal Affairs, supported the Bill, emphasising its critical role in combating gun-related crimes […]

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St. Kitts And Nevis’ Parliament Increases Penalties For Offences Against The Person

Basseterre, St. Kitts – The laws in St. Kitts and Nevis that address offences against the person were strengthened with the introduction of stiffer penalties for persons shooting with intent to murder, non-shooting attempted murder, and shooting with intent to cause grievous bodily harm. Prime Minister and Minister of National Security, the Honourable Dr. Terrance Drew, […]

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Dominican Republic And US Ready To Sign New Agreement For Open Skies.

President Luis Abinader has announced that the government will sign an “open skies”: agreement with the United States in the coming weeks. This agreement aims to promote competition between airlines, ultimately resulting in cheaper airfares between the two countries and possible more entry points in the US. David Collado, the Minister of Tourism for the […]

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Bermuda Graded A+ In Finance Agency Credit Rating.

Premier and Minister of Finance, David Burt today announced that ratings agency Standard & Poor’s (S&P) has reaffirmed Bermuda’s A+ Sovereign Credit Rating, Bermuda’s A-1 short-term rating and its AA+ transfer and convertibility assessment. S&P also maintained the “stable” outlook rating. Bermuda’s economy depends very much on the captive reinsurance industry. For example a company […]

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Global Money Launderers Breathe A Sigh Of Relief As Panama Papers Firm Founder Dies.

Ramón Fonseca Mora, 71,the co-founder of the law firm at the centre of the Panama Papers tax scandal has died after a period of ill health. Born in Panama in 1952, Fonseca studied at the London School of Economics before becoming a successful novelist in the 1990s, twice winning Panama’s highest literary prize,according to the […]

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