Court of Appeal rules banking regulator exceeded authority in BONI dispute
By Staff Writer The Eastern Caribbean Court of Appeal has delivered a landmark ruling in a long-running dispute involving the Bank of Nevis International Limited (BONI), finding that the Regulator of International Banking did not have the legal authority to impose US$120,000 in fines and penalties on the bank or to issue directives restricting the […]
Black News 
By Staff Writer The Eastern Caribbean Court of Appeal has delivered a landmark ruling in a long-running dispute involving the Bank of Nevis International Limited (BONI), finding that the Regulator of International Banking did not have the legal authority to impose US$120,000 in fines and penalties on the bank or to issue directives restricting the […]
