AFSC
Grade D
Anguilla Financial Services Commission · Anguilla · Official register
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Authorized capital
25,000+
required to operate
Time to obtain
12-18 Months
typical licensing process
TrustFinance grade
of A to D
Requirements to get licensed
Main requirements
- Prospective applicants are encouraged to meet with the Commission to discuss their proposal before submitting their applications.
- It is also expected that an applicant will appoint a Money Laundering Compliance Officer, Money Laundering Repotting Officer and Compliance Officer as required by sections 20 and 21 of the AML/CFT Regulations.
- The application review process will include an assessment of the following:
- validity of the documents submitted in support of the application and the personal questionnaire
- financial condition and history of the Applicant;
- nature of the business of the Applicant;
- experience of the persons who are to constitute its management;
- source of the initial capital;
- convenience and needs of the community to be served by the granting of the licence;
- the business plan of the applicant
- the organization chart showing reporting lines and the group chart showing ownership
- the ownership structure of the applicant (the ownership structure must be clear and transparent).
About this regulator
The Anguilla Financial Services Commission is the regulatory authority responsible for overseeing and regulating the financial services industry in Anguilla. It ensures compliance with international financial standards and laws to safeguard the integrity of Anguilla's financial system, protect investors, and promote a stable and sound financial environment. The commission supervises a wide range of financial services, including banking, insurance, and investment services, to maintain public confidence and support economic growth.
Companies holding this license
Companies on record, each linking to its verification page.