As of date, our jurisdiction has made considerable efforts to establish appropriate legislations whether in the field of banking, financial services, anti-money laundering or securities market. However a big challenge still awaits the country; we need to be compliant with The Foreign Account Tax Compliance Act (FATCA) by next year. The sooner this is achieved, the better it would be for us.
We could then start selling our jurisdiction as a FATCA-compliant one.