In this post I’ll review the US bank holding company rules and explain how to avoid them as an international bank licensed in the US territory of Puerto Rico. The last thing a star...
In this post, I’ll review the timeline to acquire and build out a bank in Puerto Rico. The purpose of this post is to cover the steps to turn a small international bank into a prof...
In this 10 page post I‘ll discuss the best offshore bank license jurisdictions for 2023 and beyond. There have been big time changes to the industry in the last few years. I think...
Establishing a bank in any part of the world requires a nuanced understanding of the specific country’s regulatory environment and associated risks. Puerto Rico, a U.S. terri...
Puerto Rico serves as a hub for various financial institutions, including international banks that possess a Fedwire account. While there are numerous credit unions and local banks...
In this post, I’ll look at an AI-generated article about setting up an international bank in Puerto Rico and explain where it is wrong. The bottom line is that most of the informat...
In this post, I’ll consider the risks of buying an existing bank. All of these issues must be considered before buying a bank in Puerto Rico or elsewhere. The primary risk areas wh...
In this post, I will look at the proposed changes to Puerto Rico's international banking law, Act 273. I expect these changes to be approved for 2024 and to improve the island's in...