Bank holding company established in Cayman Islands (registration CH-309047, DMS House, 20 Genesis Place, George Town, Grand Cayman).
BDO engaged as external auditors and HLB Berman Fisher, a member of HLB International, is engaged as external Chief Financial Officer.
MOU signed with Yingke International, one of largest law-firm networks in the world (5,462 lawyers, across 44 branches in China and 24 member law firms).
Board of Directors approved, Bank Manager selected, outside counsel selected, Director of Trust Services engaged, financial stress tests, projections and capital adequacy ratios completed.
Banking License application made August 2016 to the Cayman Islands Monetary Authority for a full Class B Bank License under The Banks and Trust Companies Law (2013 Revision).
ICO team formed and product offering commenced.
Finastra selected for the EQI’s core banking solution.
FircoSoft selected for the EQI’s watch list filtering solutions.
Accuity, selected for global payment routing data and AML solutions.
Risk Manual updated and reissued for Regulatory submission.
AML and KYC Manual updated to reflect AML (Amendment) Regulations 2017.
Correspondent bank shortlisted with fiat capabilities in all major currencies.
Agreed to partner with Metaco to deploy SILO.
Beta EQI Cryptocurrency Exchange.
Agreed to partner with GMEX.
Amended and updated Class B Bank License Application.
Agreed terms to purchase an existing bank in the CARICOM region.
Cryptocurrency Exchange live
Access to Private and Corporate Banking.
List EQI Token on Exchange.
Blockchain Settlement and Clearing.
Bank Insured Wallet and Cold Storage.
Fiat and Cryptocurrency Lending.
EQICheck Compliance services.
EQI as a digital asset for inter-bank payments.