
Financial Services Authority of Saint Vincent and the Grenadines
(SVG FSA)Regulatory Snapshot
The Financial Services Authority of Saint Vincent and the Grenadines is the regulatory body responsible for the supervision of non-banking financial institutions in SVG. It is important to note that the SVG FSA does not issue specific forex trading licences, and many forex companies operating from SVG are registered as International Business Companies (IBCs) rather than licensed financial service providers.
About SVG FSA
The Financial Services Authority (FSA) of Saint Vincent and the Grenadines is responsible for the regulation and supervision of non-banking financial institutions in the jurisdiction. The SVG FSA was established in 2012 to consolidate the supervision of financial entities outside the banking sector.
Important Regulatory Notice
It is critical to understand that the SVG FSA does not issue specific licences for forex trading activities. Many forex brokers claiming SVG regulation are simply registered as International Business Companies (IBCs), which does not constitute regulatory oversight of their trading activities. The SVG FSA has no established rules for handling complaints related to forex trading, and there is no investor compensation scheme. Traders should be particularly cautious when considering brokers that cite SVG FSA registration as their regulatory status.
- Entity registration framework — not a full licensing regime for forex
- No formal investor compensation or dispute resolution scheme
SVG FSA does NOT issue forex trading licences. Most firms are registered as IBCs, not licensed brokers.
Related Regulators

CFTC
AAATier 1Commodity Futures Trading Commission
The Commodity Futures Trading Commission is an independent agency of the United States Government that regulates the US derivatives markets, including futures, swaps, and certain kinds of options. Established in 1975, the CFTC enforces one of the world's strictest regulatory frameworks for forex trading, with capital requirements that far exceed most international standards.

NFA
AATier 1National Futures Association
The National Futures Association is the industry-wide, self-regulatory organisation for the US derivatives industry. Working in partnership with the CFTC, the NFA develops rules, programmes, and services to safeguard market integrity, protect investors, and help its members fulfil their regulatory obligations. NFA membership is mandatory for all entities conducting futures and forex business in the United States.

CIMA
ATier 2Cayman Islands Monetary Authority
The Cayman Islands Monetary Authority is the regulatory body responsible for the supervision of financial services businesses in the Cayman Islands. Established in 1997, CIMA regulates banks, insurance companies, mutual funds, money service businesses, and securities investment firms within one of the world's most prominent international financial centres.

BMA
ATier 2Bermuda Monetary Authority
The Bermuda Monetary Authority is the integrated regulatory authority for the financial services sector in Bermuda. Established in 1969, the BMA supervises, regulates, and inspects financial institutions operating in or from Bermuda, including banks, investment businesses, insurance companies, and trust companies.

FinCEN
BTier 3Financial Crimes Enforcement Network
The Financial Crimes Enforcement Network is a bureau of the US Department of the Treasury. FinCEN's mission is to safeguard the financial system from illicit use, combat money laundering, and promote national security. While FinCEN does not regulate forex dealers in terms of market conduct or consumer protection, forex dealers must register with FinCEN as Money Services Businesses.

BCB
ATier 3Central Bank of Brazil
The Central Bank of Brazil (Banco Central do Brasil) is Brazil's monetary authority, responsible for monetary policy, currency issuance, financial system supervision, and foreign exchange market regulation. Established in 1964, the BCB plays a central role in regulating one of Latin America's largest and most dynamic financial markets.

