Caribbean CBI Due Diligence: You Can Take it to The Bank
Thomas Anthony, former head of several Caribbean CIUs, outlines the delicate and crucial role the region’s banks play in CBI due diligence.
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due diligence
Citizenship by Investment: Banned Nationalities
“It’s a Jungle Out There”: Nuri Katz on the Mobility Standard
Nuri Katz calls CBI vetting “the best due diligence known to man.” He also takes part of the blame for the industry’s failure to effectively lobby Brussels.
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AML Obligations Loom for Residency by Investment Program Operators
European regulators have made it clear that tighter AML/KYC is in the cards for RCBI. Sylwia Wolos explains how early movers can benefit.
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The Stringent Eligibility Criteria For Malta’s Citizenship For Exceptional Services by Direct Investment
Eligibility standards for Malta’s new investor naturalization policy are among the most stringent in the market. Kenneth Camilleri explains.
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Understanding Malta’s New Due Diligence Process – The 7-Step Risk Matrix
Malta’s new citizenship by investment policy comes with a new set of vetting procedures (that will continue for years after approval).
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4 Ways RCBI Agents Can Ensure a Smooth Due Diligence Process for Their Clients
Martin Dubbey, a globally recognized due diligence provider to RCBI programs, shares four strategies to help RCBI agents with vetting.
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US Ambassador Lauds Grenada CIP’s Use of JRCC Due Diligence
The ambassador praised Grenada’s use of the JRCC’s facilities and conceded that “some countries use it more than others”.
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Flawed RCBI Due Diligence: An Indictment of Due Diligence, Not of RCBI
Roderick Cutajar asks: International banks are used for money laundering. Will the European Commission demand a “phase-out” of banking?
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Six Signs an Investment Migration Program’s Due Diligence Process is Not Good Enough
Exiger’s James Swenson, one of the world’s leading experts on RCBI due diligence, identifies six red flags of sub-par vetting standards.
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10 On The Weekend – James Swenson: Compliance Becoming a “Box-Ticking” Exercise
“Without transparency […], external observers will continue to assume no serious due diligence is undertaken,” writes James Swenson.
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It’s Time CIPs Worked With Due Diligence Firms to Redesign Applicant Vetting Procedures
Thomas Anthony: Time has come for programs to collaborate with due diligence providers in redesigning their due diligence methodology from the ground up.
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Dominica CIP Tightens Due Diligence, Bars Some Nationals From Applying
Irani, Sudanese, and North Korean nationals who haven’t spent the last ten years outside their home countries are now ineligible to apply for Dominica’s CIP.
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Legal Technicality Holding Up Cyprus’ Revocation of 26 Citizenships
Cyprus intends to revoke at least 26 citizenships granted under the country’s CIP. That effort, however, has so far been stymied by Cyprus’ citizenship law.
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Cyprus CIP Agents Have Until Feb 15 to Prove 2013-18 Clients Maintained Investments
Service providers must provide papers proving all their clients going back to 2013 kept their investments according to the requirements by February 15th.
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Cyprus to Conduct Retroactive Due Diligence on Pre-2018 CIP Investors
Cyprus will conduct due diligence on past applicants, audits on all investors at regular intervals in the future, and revoke citizenships if necessary.
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The First CIP Due Diligence Index Ranks Malta IIP 1st, Jordan CIP Last
Measuring CIP due diligence on 38 criteria divided into five pillars, the authors hope the framework will become a standard for the industry.
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Improving Applicant Approval Rates With a Standardized DD Framework
“Something as important as due diligence within our industry, should not be kept under wraps,” Agius tells IMI.
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Montenegro CIP Finally Picks Official Due Diligence Providers
After rejecting all 13 companies that applied to become the Montenegro CIP’s official provider of due diligence services in March
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While EU Worries About Handful of CIP Investors, Millions Get Non-CIP Citizenship Without Vetting
Peter S. Vincent throws the real European security threat into stark relief: The 99.9% of annual new EU citizens that don’t come through CIPs are hardly checked at all.
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