B2B Bank is licensed under the Financial Services Authority (FSA) of St. Vincent & the Grenadines and is authorized to conduct a broad range of banking business under the FSA’s supervision. We are governed by the applicable laws, guidelines, core values, and ethical business practices. Good governance is critical in delivering outstanding customer service, management of business risks and sustainable, commercial success. We recognize that excellence in our governance practices is a key driver in achieving the strategic and commercial ambitions of B2B Bank.
At the heart of our Governance policy are our robust compliance and due diligence frameworks. Today, more than ever, business opportunities and business risks go hand to hand. Money laundering and terrorist financing have been identified as major threats to the financial institutions globally. St. Vincent and the Grenadines, in common with many other countries, has passed and enforces through its FSA and FIU (Financial Intelligence Unit), legislation designed to prevent money laundering and to combat terrorism.
B2B Bank is committed to comlying with the highest local and international standards of AML (anti-money laundering) , CFT (Counter-Financng of Terrorism), and KYC (Know Your Customer), and has implemented the appropriate controls to mitigate the risk of use of its products and services for illegal purposes. Management and employees are required to adhere to the AML, CFT, and KYC standards without exception.