NEW LAWS BRING PROTECTION AND EASE OF BUSINESS OPERATIONS

The Payment System and Services Bill, 2026, passed in an 18th September sitting of the National Assembly of St. Kitts and Nevis, provides the basis for modern systems of payment that cannot be covered by the old legislation, the Payment System, Cap 21, 16, which addresses payment methodologies before mobile banking, digital financial applications, and before the proliferation of fintech platforms.