Saint Lucia International Financial CentreC

Raze Markets(License Number: --)

The Government of Saint Lucia on June 4, 1999 signed an agreement (the Establishment Agreement) with a private sector promoter, International Financial Partners (IFP) which formalized St. Lucia's entry into the international financial services industry. Government's approach to establishing the industry is unique as it is based on a private sector / Government partnership. This agreement outlines the strategic plan on which the development of the industry has been based.

The Agreement required the promoter to form a company known as Financial Centre Corporation (FCC) and the Government to form the International Financial and World Investment Centre (IFWIC), a 100% government owned company. The Government controls the operation of IFWIC.

Under the Establishment Agreement (EA), IFWIC is to provide the Registry for all companies and trusts registered under the international financial services legislation. The Registrar is employed by IFWIC upon the approval of the Minister.

For purposes of market acceptance and branding IFWIC is promoted as PINNACLE ST. LUCIA.

Regulatory Framework

Alien Landholding (Licensing) Act, No. 1 of 2020
Alien Landholding (Licensing) Regulations SI No 70 of 2020

Apostille (Hague Convention) Act - No. 6 of 2010
Economic Substance Act - No. 33 of 2019
Amendment 15 of 2020

Financial Services Regulatory Authority Act - No. 13 of 2011
Amendment 15 of 2012
Amendment 7 of 2016
Amendment 4 of 2022
Financial Services Regulatory Authority (Schedules) Amendment SI 80 of 2013

International Banks Act - Cap 12.17.
Amendment 14 of 2022
Summary
Guide to Setting up an International Bank

International Business Companies Act - Cap 12.14.
Summary
Amendment 2 of 2022

International Insurance Act - Cap 12.15.
Summary
Guide to Setting up an International Insurance Company

International Mutual Funds Act - Cap 12.16.
Summary
Amendment 40 of 2006
International Mutual Funds (Amendment) Regulations SI 109 of 2011
Amendment 4 of 2012

International Partnership Act - Cap 12.21 No. 23 of 2006
Summary
Amendment 9 of 2015
Amendment 15 of 2016
Amendment 24 of 2016
Regulations
Regulations SI 9 of 2017
Amendment 14 of 2018

International Partnership (Repeal) Act, 2018 No. 17
Amendment 3 of 2019
International Trusts Act - Cap 12.19.
Amendment 11 of 2015
Amendment 16 of 2016
Regulations SI No. 74 of 2015
Amendment 15 of 2018
International Trust (Repeal) Act, 2018 No. 16
Amendment 4 of 2019

Money Laundering Prevention Act - No. 8 of 2010
Summary
Regulations SI 2010, No. 55
Regulations SI 2023, No. 53
Amendment 9 of 2011
Amendment 13 of 2013
Amendment 20 of 2016
Amendment 13 of 2019
Amendment 16 of 2021
Amendment 5 of 2023

Registered Agent and Trustee Licensing Act - Cap 12.12.
Summary
Amendment 5 of 2012

Go to https://www.pinnaclestlucia.com/registry/searchname.jsp and enter the name of your targeted company.