Atlantic Caribbean Bank and Trust

Imperial Consolidated Securities S. A. has moved its investment division to Grenada following consultations with regulators in the Bahamas, where the company is registered and physically based. The move, which was due to be completed by November 30, followed concerns about the company's involvement in the sale of unregistered securities.

Regulators in Antigua - where scams run by Eastern Europeans seem to be rife - have issued a cease and desist order against a Latvian-linked group that falsely claims to be licensed in the jurisdiction. The offending parties are Atlantic Caribbean Bank and Trust Ltd. and its associate firm AC Banking Group Ltd.