Confidentiality in Saint Vincent

Points to highlight:

• No requirement to disclose the names of beneficial owners, directors or officers.
• Possibility of Bearer Shares.
• Directors can be Corporate entities.
• Saint Vincent confidentiality laws.

There is strict confidentiality following the Preservation of Confidential Relationships International Finance Act 1996. This is one of the strongest confidentiality acts in the world and protects against disclosure of confidential information.

Many people would rather trust an independent government such as Saint Vincent rather than a British Dependent Territory at a time when confidentiality is under attack in places where the US and British Government are pressurising jurisdictions under their influence.

The Confidentiality Act states that the public policy of the State is to protect and preserve the confidentiality and to prevent the unauthorised disclosure of all confidential information with respect to business of a professional nature which arises in or is created or disseminated within or is transported into the jurisdiction of the State.

Confidential Information

Any information about a person or entity unless specifically described in the Act. The law applies on a worldwide basis, as any consent given under the compulsion or direction of a foreign court shall not constitute consent for the purpose of compliance of the Act.

Disclosure of information is permissible abroad only where foreign criminal proceedings have been commenced against the named defendant in another state, the proceedings must be criminal in nature both in the country of origin and in Saint Vincent and the Grenadines.