Financial Sector Overhaul: St. Kitts and Nevis passed a suite of five financial-sector bills on June 18, including updates to the Financial Services Regulatory Commission, Virtual Assets, Gaming controls, and anti-terror/anti-WMD financing rules—aimed at protecting integrity, stability, and investor confidence. Major Fraud Charges: Police charged three people over an alleged US$50M fraud and money-laundering scheme spanning Nov 2018–July 2024, with Paul Bilzerian and Gregory Gilpin-Payne facing multiple counts and Terri Steffen charged with conspiracy to launder. Energy Independence Push: Leaders reiterated a plan to reach energy independence by 2035, combining geothermal development in Nevis, solar expansion, and an undersea cable to link the islands’ grids. Citizenship by Investment Spotlight: At the Investment Gateway Summit, the Bank of Nevis backed the official welcome and highlighted the sector’s growth amid heightened scrutiny and due diligence. Electricity Cost Pressure: NEVLEC reintroduced a fuel surcharge in Nevis after fuel costs rose, citing the tariff’s inability to cover generation expenses. Regional Business & Climate: OECS leaders met in Antigua to push integration, climate resilience, and security, while St. Kitts PM Terrance Drew urged climate justice and stronger partnerships at the Berlin Climate Mobility Forum. Tourism & Hospitality: The Guest Experience Institute launched a certification pathway to raise service standards across the hospitality industry.