The regulatory body responsible for overseeing and regulating financial services is known as the Vanuatu Financial Services Commission in the Republic of Vanuatu. The VFSC plays a crucial role in safeguarding the integrity and stability of Vanuatu’s financial sector.
Licensing and Regulation
VFSC establishes rigorous licensing criteria to ensure that only reliable and credible entities are authorised to operate within Vanuatu’s financial industry.It also issues licences to financial institutions, including banks, insurance companies and trust service providers.
Supervision and Compliance
The Vanuatu Financial Services Commission oversees the compliance of licensed entities with applicable laws and codes of conduct.
The VFSC ensures that financial institutions adhere to the criteria and maintain the highest level of integrity in their operations.
Conclusion
The VFSC registration has certain advantages, including a favourable business environment, tax benefits, and confidentiality, making it an appealing option for businesses and individuals seeking to operate within a trusted and secure financial jurisdiction.
