British Virgin Islands Financial Services Commission
(BVI FSC)Regulatory Snapshot
The British Virgin Islands Financial Services Commission is the regulatory authority responsible for the regulation, supervision, and inspection of financial services in the British Virgin Islands. Established in 2001, the BVI FSC oversees banking, insurance, fiduciary services, and investment business within the territory.
About BVI FSC
The British Virgin Islands Financial Services Commission (BVI FSC) was established in 2001 as the single regulatory authority for financial services in the British Virgin Islands. The BVI FSC is responsible for the regulation, supervision, and inspection of all financial services conducted in or from the BVI, including banking, insurance, investment business, and company management.
Regulatory Considerations
The BVI FSC provides a structured regulatory framework, but the level of investor protection and enforcement capacity is considerably lower than Tier 1 and Tier 2 jurisdictions. There is no formal investor compensation scheme, and the regulatory resources available for supervision are limited. Traders should consider these factors when evaluating brokers regulated exclusively by the BVI FSC.
- Investment Business licensing framework
- Basic compliance and reporting requirements
- Anti-money laundering obligations
Limited investor protection. No formal compensation scheme. Exercise increased due diligence.
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