International Financial Services

Securing a Niche for Quality Services

The Unity Labour Party Manifesto 2015
Table of Contents

The ULP government has reformed the International Financial Services (IFS) sector consistent with evolving international standards and best practices. We have established a sound regulatory regime overseen by the Financial Services Authority (FSA) and its companion, the Financial Intelligence Unit (FIU).

The focus of our IFS jurisdiction is to build a robust niche of quality services.  Invest SVG will, in conjunction with the private sector providers, promote SVG as a quality, competitive IFS jurisdiction.  There is available a wide menu of IFS products, including International Business Companies, Trusts, Mutual Funds, International Insurance entities, and reputable International Banks.  Quality jobs are available in this sector, including for professionals engaged in law, finance, management, and accounting.

Similarly, the ULP government will continue to enhance the development of allied services, including the international shipping services (locally through the Ships Registry, and the offices of Maritime Administration in St. Vincent and the Grenadines and overseas in Geneva).

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