Countries with least regulatory burden for new finanacial institutions?

[pretendo]

Which countries would these be?

[gogxmagog]

There's a few, but you have to pay off the regimes first.

[Razick]

http://www.heritage.org/index/ranking

Note that this includes only economic freedom. For example Singapore and Australia both have some very intrusive laws, but they are economically very free.

[Big Time Coin]

I heard a rumor that Panama financial institution can be set up for a $100k fee.  Is that the true?  What are the ongoing costs to maintain regulatory compliance?

[Hiroaki]

It depends what you're "financial institution" will do. Stock trading, foundation, casino, bitcoin trading...

Anyway there are many pitfalls be careful and look for some experts before you're accused of a crime...