This week, the much-anticipated ASSET PROTECTION C0NFERENCE, conducted by offshore trust expert, Attorney BLAKE HARRIS, opens in Nevis. Experts in the offshore sector, who are scheduled to present, will most likely be asked by attendees to comment on the HAMILTON RESERVE BANK litigation, and offer advice on whether it they consider it safe and prudent for investors to conduct any financial business in Saint Kitts & Nevis. The Hamilton and BONI cases have shaken the country's offshore financial industry to the core, and observers are anxious, following news that both banks intend to appeal the 222-page Omnibus Judgment by the High Court that ordered them to disburse to customers, and took a position on suspension of banking licenses.
Additionally, the Premier of Nevis, MARK BRANTLEY, who also holds the portfolio of Minister for Investment, is scheduled to appear and speak, and tough questions from attendees about his pending decision on license suspension, and on the lack of action by financial regulators will most likely be on the agenda. The role of his wife, a prominent realtor on the island, regarding her purchase of Bitcoin vending machines, given the lack of regional bank supervision, as well as the country's controversial new online gaming legislation, which has a new regulator appointed recently, will also be issues very likely to come up at question time.
Will some of the most pressing questions about the financial situation in Nevis offshore structure be asked and answered this week? We will be monitoring the event and its impact on these important issues, and reporting back to our readers, especially those who have pending litigation, or significant claims, against Hamilton Reserve Bank; stay tuned.

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