The December 2001 enactment of the Financial Services Commission Act, 2001 established the British Virgin Islands Financial Services Commission as an autonomous regulatory authority responsible for the regulation, supervision, and inspection of all financial services in and from within the BVI.
Regulated activities which are considered financial services include: insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property.
The Commission, since 2002 assumed responsibility for functions previously carried out by the Government through the Financial Services Department. The Commission as financial services regulator is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.
BVI Financial Services Commission
BVI Financial Services Commission - Asia Representative Office
The British Virgin Islands Financial Services Commission (the “Commission”) launched its Asia representative office in Hong Kong In April 2014 as part of a broader effort to help the BVI maintain its position as a leading international financial centre in the Asia Pacific Region.
The mission of the Commission’s Asia representative office is to develop deeper relations with the Asia financial market, service BVI institutions which have operations in Asia and attract more activities to the BVI.
BVI FSC Asia Representative Office