Financial Crime World

British Virgin Islands Financial Services Legislation Directory

The British Virgin Islands Financial Services Commission provides a comprehensive directory of legislation related to the financial services industry in the BVI. The directory is organized into 10 categories, each covering specific areas of regulation.

Categories

Anti-Money Laundering & Combating Terrorist Financing

  • Legislation related to preventing money laundering and combating terrorist financing activities

Insurance

  • Legislation governing insurance companies and products in the BVI

International Cooperation

  • Regulations and agreements with other countries regarding financial services

Investment Business

  • Legislation related to investment business, including trusts and associated fiduciary entities

Mutual Funds

  • Regulations governing mutual funds and foreign funds in the BVI

Public Funds

  • Laws and codes governing public funds and government finance

Securities and Investment Business

  • Regulation of securities trading and investment businesses in the BVI

Trusts & Estates

  • Legislation related to trusts, wills, and estate planning in the BVI

Virtual Assets

  • Regulations governing virtual assets, including cryptocurrencies and digital currencies

Other

  • Miscellaneous legislation not covered by the above categories

Investment Business Category

The Investment Business category includes legislation related to the formation and management of Trusts in the Virgin Islands, including obligations of associated fiduciary entities. The relevant legislation includes:

Acts (Laws Passed by the Legislature)

  • Securities and Investment Business (Amendment) Act, 2023
  • Other relevant acts

Statutory Instruments (Regulations Made Under the Authority of an Act)

  • Investment Business (Approved Managers) Regulations (Revised 2020)
  • Investment Business (Registers) Regulations (Revised 2020)

Regulations (Rules Made by the Financial Services Commission)

  • Mutual Funds (Foreign Funds) Regulations (Revised 2020)
  • Private Investment Funds Regulations (Revised 2020)
  • Public Funds Code (Revised 2020)
  • Securities and Investment Business (Incubator and Approved Funds) Regulations (Revised 2020)

Codes (Sets of Rules or Guidelines)

  • Public Funds (Amendment) Code, 2020
  • Securities and Investment Business (Recognised Jurisdictions) Notice 2020

Recent Changes and Amendments

  • Please consult the actual legislation for detailed information on recent changes and amendments.

Important Note

This summary is provided for general information purposes only. You should consult the actual legislation for detailed information on any specific regulations or laws related to financial services in the British Virgin Islands.