Industry Update

  1. Notice to Industry Partners ECCU
  2. PRESS RELEASE – FATF February 2017
  3. Press Release - Government of Anguilla announces launch of its National Risk Assessment exercise
  4. New Reporting Forms for Class A Insurers
    1. Domestic Insurance - Annual Return Forms
    2. Insurance - A Forms - Background Information
    3. Insurance - B Forms - Main Financial Statements
    4. Insurance - C Forms - Details on Balance Sheet (Form B.1)
    5. Insurance - D Forms - Operating Details - Income Statement
    6. Insurance - Q Forms - Quarterly Filing Requirements
  5. All Licensees:

    Please be reminded that all annual licence fees are due and payable by 15th January of the licence year. This year, January 15th falls on a Sunday. The Commission has taken this into consideration and will allow licensees who have not paid their annual fees to do so no later than Monday, January 16th, 2017. Payments received after January 16th will incur the applicable late penalty fees as per Regulations.
  6. Guidelines on Audit Exemption Applications by Certain Captive Insurers (revised 2016)
  7. Overseas Agents in a Changing Regulatory Environment
    Please note the following attachments:
    1. Notice - 31 October 2016 – Overseas Agents in a Changing Regulatory Environment
    2. Revised Consultation Paper – August 2016
    3. Comments received from financial services industry on the Consultation Paper circulated in March 2016 and Revised Consultation Paper circulated in August 2016
    The enclosed recommendation becomes effective 1 January 2017.
  8. News Release – CFATF – November 2016 which identifies Haiti as a jurisdiction with "strategic AML/CFT deficiencies that has not made sufficient progress in addressing the deficiencies or has not complied with their Action Plan developed with the CFATF to address the deficiencies." Also Industry participants are to consider the risks arising from the deficiencies associated with this jurisdiction.
  9. High Risk and Non-Cooperative Jurisdictions October 2016
  10. Themed Examinations Programme Report- Compliance with AML-CFT Requirements
  11. 2014 Themed findings of AML-CFT Inspections
  12. Offshore Banks - News Release
  13. FAFT guidance notes on money services
  14. NRSP Registration - Real Estate Agents
  15. The Burundi (Sanctions) (Overseas Territories) Order 2015
  16. The Burundi (Sanctions) (Overseas Territories) Order 2015- Summary Page
  17. The Central African Republic (Sanctions) (Overseas Territories) Order 2014- Summary Page
  18. The Russia, Crimea and Sevastopol (Sanctions) (Overseas Territories) (Amendment) Order 2014- Summary Page
  19. The Russia, Crimea and Sevastopol (Sanctions) (Overseas Territories) Order 2014- Summary Page
  20. The South Sudan (Sanctions) (Overseas Territories) Order 2014- Summary Page
  21. The Sudan Republic (Sanctions) (Overseas Territories) Order 2014- Summary Page
  22. The United Nations Sanctions (Revocations) Order 2014-Summary Page
  23. NOTICE - ENRSP (Amendment) Regulations, 2015
  24. Press statement by Hon AG – CFATF approval of Anguilla exit from the Third Round Follow-Up Process
  25. Summary of Harmonised Credit Reporting Bill and Regulations (22 April 2015) The Eastern Caribbean Central Bank ("ECCB") would appreciate any comments you may have on the attached summary of the main provisions of the final draft of the Harmonised Credit Reporting Bill and Regulations. The Bill and Regulations are for the purpose of governing the operations of a credit bureau for the Eastern Caribbean Currency Union ("ECCU"). The ECCU Credit Bureau is being developed with technical assistance from the International Finance Corporation, with financing from the Canadian Department of Foreign Affairs, Trade and Development. One of the main objectives of the ECCU Credit Bureau is to provide lenders with timely access to information about potential borrowers that will enable the lender to assess the risk of lending to those borrowers. The ECCB has asked that your comments be submitted to the Commission for forwarding on to the ECCB by April 30, 2015. Please send your comments to the following email address: info@afsc.ai Thank you for your assistance with this initiative.
  26. Companies Involved in Forex Contracts or Binary Options Business (10 April 2015)

    Companies Involved in Forex Contracts or Binary Options Business

  27. Consultation with key stakeholders on the draft Investment Business Act (01 April 2015) Attached, please find the following from Mr. Gerry Halischuk, Director of the Anguilla Financial Services Commission:

    1. Letter dated 1 April, 2015 - Re: Consultation with key stakeholders on the draft Investment Business Act
    2. Draft Application Form
    3. Draft ancillary forms and fees

    We request that key stakeholders provide their comments on the draft forms and fees by Friday, 1 May 2015. These should be forwarded to Robert Hudson, Deputy Director, at the following email address: info@afsc.ai.

  28. Guidelines for Submission of Applications for Licensing ("Guidelines") (25 February 2015) Attached, please find the following from Mr. Gerry Halischuk, Director of the Anguilla Financial Services Commission:

    1. Letter dated 25 February 2015
    2. Guidelines for Submission of Applications for Licensing
  29. Consultation with key stakeholders on the draft Investment Business Act (18 December 2014) Attached, please find the following from Mr. Gerry Halischuk, Director of the Anguilla Financial Services Commission:

    1. Letter dated 18 December, 2014 - Re: Consultation with key stakeholders on the draft Investment Business Act
    2. Code of Practice for Investment Business
  30. Insurance (Amendment) Regulations, 2014 - New Fee Schedule - Effective 1 January 2015 (04 November 2014) Attached, please find the following from Mr. Gerry Halischuk, Director of the Anguilla Financial Services Commission:

    1. Letter dated 4 December, 2014 - Insurance (Amendment) Regulations, 2014 – New Fee Schedule – Effective 1 January 2015
    2. Insurance (Amendment) Regulations, 2014
  31. 2013 Themed Findings of AML/CFT Inspections (20 October 2014) 2013 Themed Findings of AML/CFT Inspections
  32. Draft Insurance Regulations, 2014 (07 October 2014) Letter dated 7 October 2014 Draft Insurance Regulations, 2014
    We request that key stakeholders provide their comments on the enclosed by Friday, 7 November 2014. These should be forwarded to the attention of Tina Bryan-Bannister, Head of AML/CFT & Legal Services at the following email address: info@afsc.ai.
  33. Consultation with key stakeholders on the draft Investment Business Act (03 October 2014) Attached please find the following from Mr. Gerry Halischuk, Director of the Anguilla Financial Services Commission:
    Letter dated 2 October 2014 Draft Investment Business Regulations, 2014
    We request that key stakeholders provide their comments on the enclosed by Friday, 31 October 2014. These should be forwarded to Robert Hudson, Deputy Director, at the following email address: info@afsc.ai.
  34. Save The Date! Industry Day - Thursday, 2 October 2014 (15 September 2014) Please see attached the final agenda for Industry Day. Grateful if you would confirm your attendance by Wednesday, 24 September 2014.
  35. DATE CHANGE - FATCA - FINANCIAL SERVICES INDUSTRY INFORMATION DAY (10 September 2014) Due to the Ceremonial Opening of the Law Year 2014-2015 on the 17th September, the FATCA INFORMATION DAY event has been moved to the 18th September. We apologise for the confusion. Please find attached the updated document. FINANCIAL SERVICES INDUSTRY INFORMATION DAY 18TH SEPTEMBER 2014 LA VUE, SOUTH HILL, ANGUILLA 8.45am - 4.00pm The Government of Anguilla
  36. Announcement of Director, Anguilla Financial Services Commission (15 August 2014) Press Release - Announcement of Director, Anguilla Financial Services Commission
  37. Beneficial Ownership Consultation Press Release (29 July 2014) Please see attached the Press Release and Consultation paper on Beneficial Ownership which are being circulated on behalf of the Government of Anguilla.
    1. Beneficial Ownership Consultation Press Release
    2. Consultation Paper on Beneficial Ownership Info
    Kindly send your comments to the attention of Perin Bradley at the email address perin.bradley@gov.ai.
  38. Press Release - Ukraine (13 May 2014)
    1. PRESS RELEASE - Ukraine (Order #2)
    2. PRESS RELEASE - Ukraine (Order #3)
  39. Senior Management of the Commission (4 April 2014) Senior Management of the Commission
  40. Notice to Boards of Directors and Senior Management of Licensees 2013 (27 March 2014) Notice to Boards of Directors and Senior Management of Licensees 2013
  41. Press Release - Ukraine (20 March 2014) PRESS RELEASE - Ukraine
  42. Anguilla responds to Ukraine situation (10 March 2014) Anguilla responds to Ukraine situation
  43. Consultation with key stakeholders on the draft Investment Business Act (19 February 2014)
    1. Letter dated 19 February 2014
    2. Consultation Paper - Developing Anguilla’s Investment Business
    3. Draft Investment Business Act
  44. Statement by Governor ECCB Hon. Sir K Dwight Venner: 12 August 2013 (24 September 2013) Statement by Governor ECCB Hon. Sir K Dwight Venner
  45. PRESS RELEASE – Syria (Restrictive Measures)(Overseas Territories) Order 12 December 2011
  46. PRESS RELEASE – Libya (Restrictive Measures) (Overseas Territories) Order 12 December 2011
  47. PRESS RELEASE – Egypt (Restrictive Measures) (Overseas Territories) Order 12 December 2011
  48. PRESS RELEASE – Tunisia (Restrictive Measures) (Overseas Territories) Order 29 June 2011
Contact Information

Anguilla Financial Services Commission
MAICO Building, P.O. Box 1575, The Valley
Phone: +1 264 497 5881
Fax: +1 264 497 5872
Email: info@afsc.ai