Latest news:
Trading sardines and eating sardines, lessons for the growing RegTech industry Corlytics joins FCA’s AI Spotlight initiative to drive responsible innovationGlobal Inclusivity in AI and what It means for RegTech InnovationCorlytics celebrates a transformative year marked with strategic growth, global expansion and industry recognitionWhy traceability and trust are essential components of compliance technology Trading sardines and eating sardines, lessons for the growing RegTech industry Corlytics joins FCA’s AI Spotlight initiative to drive responsible innovationGlobal Inclusivity in AI and what It means for RegTech InnovationCorlytics celebrates a transformative year marked with strategic growth, global expansion and industry recognitionWhy traceability and trust are essential components of compliance technology 
Home » Glossary Terms » Offshore Bank

Offshore Bank

A bank that is domiciled in an offshore financial centre and conducts business with non-residents of that jurisdiction. In some cases, they have no physical presence in the jurisdiction and are subject to limited regulation. Such banks are often perceived as a vehicle for money laundering, although there are many legitimate offshore banks.

Scroll to Top