FSC

Act

92 published document(s) from British Virgin Islands Financial Services Commission.

CitationStatusSummary
Administration of Small Estates (Amendment) Act, 2021Amends Administration of Small Estates Act (Cap. 4)This is a short amending Act that changes several provisions of the Administration of Small Estates Act (Cap. 4) in the British Virgin Islands. It raises…
Administration of Small Estates Act (Cap. 4)Status not confirmedThis is a short BVI statute (Cap. 4) providing a simplified procedure for administering very small deceased estates (valued at no more than 240 dollars) t…
Arbitration (Amendment) Act, 2015Status not confirmedThis is a short technical amendment act that makes minor textual corrections to the BVI Arbitration Act, 2013. It does not create new obligations for arbi…
Arbitration Act (Revised Edition 2020)In forceThis is the Virgin Islands' Arbitration Act, revised to show the law as at 1 January 2020. It gives the UNCITRAL Model Law on International Commercial Arb…
BVI Business Companies (Amendment) (No. 2) Act, 2024In forceThis Act amends section 98A of the BVI Business Companies Act, Revised Edition 2020, to give the Financial Services Commission power to extend the deadlin…
BVI Business Companies (Amendment) Act, 2022 (No. 6 of 2022)Amends BVI Business Companies Act (Revised 2020)This Act amends the BVI Business Companies Act, Revised Edition 2020, making a wide range of changes to company law administration in the Virgin Islands.…
BVI Business Companies (Amendment) Act, 2023In forceThis Act amends the BVI Business Companies Act, Revised Edition 2020, to strengthen beneficial ownership record keeping for both local and foreign compani…
BVI Business Companies (Amendment) Act, 2024Amends BVI Business Companies Act (Revised 2020)This Act substantially amends the BVI Business Companies Act, Revised Edition 2020, introducing a new statutory beneficial ownership regime, changing how…
BVI Business Companies Act (Revised 2020)In forceThis is the core Virgin Islands statute governing the incorporation, structure, management and dissolution of BVI business companies. It sets out the full…
Banks and Trust Companies (Amendment) Act, 2022Amends Banks and Trust Companies Act (Revised Edition 2020)This Act amends the Banks and Trust Companies Act, Revised Edition 2020 (BVI), introducing a bank resolution framework, a new bridge bank licence category…
Banks and Trust Companies (Amendment) Act, 2023Amends Banks and Trust Companies Act (Revised Edition 2020)This Act amends the BVI Banks and Trust Companies Act, Revised Edition 2020, updating several definitions and licensing and governance provisions. It does…
Banks and Trust Companies (Amendment) Act, 2024Amends Banks and Trust Companies Act (Revised Edition 2020)This Act amends the Banks and Trust Companies Act, Revised Edition 2020, to broaden what counts as 'trust business' and to add a new condition for banking…
Banks and Trust Companies Act (Revised Edition 2020)In forceThis is the British Virgin Islands' Banks and Trust Companies Act (Revised Edition 2020), the core statute licensing and regulating banking business, trus…
Beneficial Ownership Secure Search System Act (Revised Edition 2020)In forceThis Act establishes the Beneficial Ownership Secure Search System (BOSS), an electronic platform that lets a designated person search beneficial ownershi…
Company Management (Amendment) Act, 2023Amends Company Management Act (Revised 2020)This Act amends the BVI Company Management Act, Revised Edition 2020, updating key definitions and tightening licensing and governance requirements for co…
Company Management Act (Revised 2020)In forceThis is the BVI Financial Services Commission's consolidated Company Management Act, which establishes the licensing regime for company management busines…
Copyright Act (Revised 2020)In forceThis is the British Virgin Islands' Copyright Act, a general law dating originally from 1956 (based on the UK Copyright Act 1956) and consolidated in this…
Counter-Terrorism (Amendment) Act, 2023Amends Counter-Terrorism Act, 2021This Act amends the British Virgin Islands' Counter-Terrorism Act, No. 33 of 2021, tightening definitions and offence provisions related to terrorist fina…
Counter-Terrorism Act, 2021In forceThis is the British Virgin Islands' primary counter-terrorism statute, criminalising terrorist acts, terrorist financing and related conduct, and establis…
Criminal Justice (International Co-operation) (Amendment) Act, 2023 (No. 14 of 2023)Amends Criminal Justice (International Co-operation) Act (Revised Edition 2020)This Act amends the Criminal Justice (International Co-operation) Act, Revised Edition 2020, which governs BVI's mutual legal assistance arrangements with…
Criminal Justice (International Co-operation) Act (Revised Edition 2020)In forceThis is a Virgin Islands statute (not an FSC-issued regulatory instrument) that enables the Virgin Islands to cooperate with other countries in criminal p…
Criminal Justice (International Cooperation) (Amendment) Act, 2021Amends Criminal Justice (International Co-operation) Act (Revised Edition 2020)This is a Virgin Islands legislative amendment act that revises the Criminal Justice (International Cooperation) Act, 1993. Its main effect is administrat…
Drug Trafficking Offences (Amendment) Act, 2000 (No. 5 of 2000)Status not confirmedThis is a Virgin Islands legislative Act that amends the Drug Trafficking Offences Act, 1992 (No. 5 of 1992). It makes extensive technical changes to the…
Drug Trafficking Offences (Amendment) Act, 2021Amends Drug Trafficking Offences Act (Revised Edition 2020)This Act amends the BVI Drug Trafficking Offences Act, 1992, primarily to replace the now-abolished Steering Committee and, in most instances, individual…
Drug Trafficking Offences (Amendment) Act, 2023Amends Drug Trafficking Offences Act (Revised Edition 2020)This Act amends the BVI Drug Trafficking Offences Act, 2020 Revised Edition. It substantially increases the criminal penalties (fines and imprisonment ter…
Drug Trafficking Offences (Amendment) Act, 2025 (No. 8 of 2025)Amends Drug Trafficking Offences Act (Revised Edition 2020)This is a Virgin Islands (BVI) Act amending the Drug Trafficking Offences Act, Revised Edition 2020, to address deficiencies identified in the CFATF Fourt…
Drug Trafficking Offences Act (Revised Edition 2020)In forceThis is the Virgin Islands' primary statute for tackling the proceeds of drug trafficking, consolidated to reflect amendments through 2017 and revised as…
Drugs (Prevention of Misuse) Act (Revised 2020)In forceThis is the Virgin Islands Drugs (Prevention of Misuse) Act, a general criminal statute (not a financial services rule) that controls the importation, pro…
Economic Substance (Companies and Limited Partnerships) Act (Revised 2020)In forceThis Act establishes the British Virgin Islands economic substance regime. It requires companies and limited partnerships that carry on specified 'relevan…
Financial Investigation Agency (Amendment) Act, 2021 (No. 34 of 2021)Amends Financial Investigation Agency Act (Revised Edition 2020)This Act substantially amends the Financial Investigation Agency Act, 2003, restructuring the BVI's Financial Investigation Agency (FIA) and expanding its…
Financial Investigation Agency (Amendment) Act, 2023Amends Financial Investigation Agency Act (Revised Edition 2020)This Act amends the Financial Investigation Agency Act (Revised Edition 2020) in the British Virgin Islands. It broadens the definition of 'foreign financ…
Financial Investigation Agency (Amendment) Act, 2024Amends Financial Investigation Agency Act (Revised Edition 2020)This Act amends the BVI Financial Investigation Agency Act, 2020 to expand the Agency's supervisory and enforcement powers over DNFBPs (designated non-fin…
Financial Investigation Agency Act (Revised Edition 2020)In forceThis Act establishes the Financial Investigation Agency (FIA), a body corporate separate from the FSC, along with its Board and Steering Committee, to rec…
Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 (No. 1 of 2025)Amends Financial Services (Exceptional Circumstances) Act, 2020This is a short amendment act that alters the Financial Services (Exceptional Circumstances) Act, 2020 (No. 4 of 2020) in the British Virgin Islands. It r…
Financial Services (Exceptional Circumstances) Act, 2020In forceThis Act creates a standing legal framework that the BVI Financial Services Commission and Minister can activate by Order whenever an exceptional circumst…
Financial Services Appeal Board Act (Revised 2020)In forceThis Act establishes the Financial Services Appeal Board, an independent tribunal that hears appeals against decisions, acts or omissions of the BVI Finan…
Financial Services Commission (Amendment) Act, 2021Amends Financial Services Commission Act (Revised Edition 2020)This Act amends the Financial Services Commission Act, 2001 to change how the BVI Financial Services Commission handles late filing penalties where an aut…
Financial Services Commission (Amendment) Act, 2022Amends Financial Services Commission Act (Revised Edition 2020)This Act amends the BVI Financial Services Commission Act, 2001 (Revised Edition 2020) to expand the Commission's crisis management, resolution and inform…
Financial Services Commission (Amendment) Act, 2023Amends Financial Services Commission Act (Revised Edition 2020)This Act amends the Financial Services Commission Act, Revised Edition 2020, by inserting a new section 33G dealing with feedback on international regulat…
Financial Services Commission (Amendment) Act, 2024 (No. 22 of 2024)Amends Financial Services Commission Act (Revised Edition 2020)This Act amends the Financial Services Commission Act, Revised Edition 2020, making wide-ranging changes to the Commission's powers, governance, and enfor…
Financial Services Commission Act (Revised Edition 2020)In forceThis is the British Virgin Islands' foundational financial regulatory statute. It establishes the Financial Services Commission (the Commission) as the bo…
Financing and Money Services (Amendment) Act, 2020Amends Financing and Money Services Act (Revised 2020)This Act amends the Financing and Money Services Act, 2009 to introduce a new transaction levy on outbound money transmission services and to increase pen…
Financing and Money Services (Amendment) Act, 2021In forceThis short amendment Act changes the Financing and Money Services Act, 2009 by inserting a new subsection into section 45A, which governs the transaction…
Financing and Money Services (Amendment) Act, 2023Amends Financing and Money Services Act (Revised 2020)This Act amends the Financing and Money Services Act, Revised Edition 2020, updating the definitions of controlling interest and significant interest and…
Financing and Money Services Act (Revised 2020)In forceThis Act establishes the licensing and supervisory regime for financing business and money services business in the Virgin Islands, administered by the BV…
Insolvency (Amendment and Consequential Provisions) Act, 2004Amends Mutual Funds Act, 1996This is a lengthy amendment Act that makes over 170 individual textual and consequential changes to the BVI Insolvency Act, 2003, tidying up drafting erro…
Insolvency (Amendment) Act, 2022Amends Insolvency Act (Revised 2020)This Act amends the Insolvency Act, Revised Edition 2020, primarily to give the Virgin Islands Deposit Insurance Corporation (VIDIC) a formal role in the…
Insolvency (Amendment) Act, 2024Amends Insolvency Act (Revised 2020)This Act amends the BVI Insolvency Act, Revised Edition 2020, to broaden the grounds on which the Financial Services Commission may apply to have a court…
Insolvency Act (Revised 2020)In forceThe Insolvency Act (Revised 2020) is the principal BVI statute governing corporate and personal insolvency. It sets out the full regime for company credit…
Insurance (Amendment) Act, 2023Amends Insurance Act (Revised 2020)This Act amends the BVI Insurance Act, Revised Edition 2020, to broaden and clarify the concepts of controlling interest and significant interest in a lic…
Insurance (Amendment) Act, 2024Amends Insurance Act (Revised 2020)This Act amends section 22 of the Insurance Act, Revised Edition 2020, to tighten controls on changes in ownership or control of foreign insurers licensed…
Insurance Act (Revised 2020)In forceThis is the consolidated Insurance Act of the Virgin Islands (BVI), the primary statute governing the licensing, regulation and supervision of insurance b…
Insurance Act, 2008 (No. 1 of 2008)SupersededThis is the Insurance Act, 2008, the principal law governing the licensing, regulation and supervision of insurance business, insurance managers, insuranc…
International Tax Authority Act (Revised 2020)In forceThis Act establishes the International Tax Authority (the Authority) as a body corporate in the Virgin Islands, with a governing Board, to oversee complia…
Legal Profession (Amendment) (No. 2) Act, 2016 (No. 3 of 2016)In forceThis Act amends the Legal Profession Act, 2015 of the Virgin Islands. It makes technical changes to practising certificate rules and to the definition pro…
Legal Profession (Amendment) Act, 2016 (No. 1 of 2016)In forceThis Act makes a series of technical amendments to the Legal Profession Act, 2015, adjusting qualification requirements, practising certificate rules, tem…
Legal Profession Act (Revised 2020)In forceThis is the Legal Profession Act (Revised 2020), the Virgin Islands statute governing the admission, enrolment, regulation and discipline of legal practit…
Limited Partnership (Amendment) Act, 2023 (No. 12 of 2023)Amends Limited Partnership Act (Revised Edition 2020)This is a short amending Act that changes one provision of the BVI Limited Partnership Act, Revised Edition 2020. It does not create new obligations broad…
Limited Partnership (Amendment) Act, 2024 (No. 23 of 2024)Amends Limited Partnership Act (Revised Edition 2020)This Act amends the BVI Limited Partnership Act, Revised Edition 2020, introducing a range of new filing, beneficial ownership and record-keeping duties f…
Limited Partnership Act (Revised Edition 2020)In forceThis is the Limited Partnership Act (Revised 2020), the core British Virgin Islands statute governing the formation, registration, operation, continuation…
Micro Business Companies Act, 2017Status not confirmedThis Act creates a new, simplified BVI corporate vehicle called the 'micro business company' (MBC), intended for very small businesses. An MBC is a compan…
Mutual Funds Act, 1996Status not confirmedThis is the original Mutual Funds Act, 1996 of the British Virgin Islands, which established the first statutory framework for regulating mutual funds and…
Mutual Legal Assistance (Tax Matters) Act (Revised 2020)In forceThis is a British Virgin Islands statute (despite covering BVI, not Cayman, law) that provides the legal framework for international tax information excha…
Mutual Legal Assistance (United States of America) Act (Revised 2020)In forceThis Act gives legal effect in the British Virgin Islands to the 1986 Treaty between the United States and the United Kingdom (extended to the BVI) on mut…
Non-Profit Organisations Act, 2012In forceThis Act establishes a registration, supervision and monitoring regime for non-profit organisations (NPOs) operating in the Virgin Islands, primarily aime…
Partnership (Amendment) Act, 2023Amends Partnership Act (Revised 2020)This Act amends the BVI Partnership Act, Revised Edition 2020, by inserting a new Part VI that creates a full statutory regime for limited partnerships in…
Partnership Act (Revised 2020)In forceThis is the BVI Partnership Act, the core statute governing general partnerships in the Virgin Islands. It sets out how a partnership is formed and recogn…
Patents Act (Revised 2020)In forceThis is the Patents Act (Revised 2020), the core British Virgin Islands statute governing how patents for inventions are applied for, examined, opposed, g…
Probates (Resealing) Act, 2021In forceThis Act sets out the framework for resealing in the Virgin Islands of probates and letters of administration originally granted by a court of probate in…
Proceeds of Criminal Conduct (Amendment) Act, 2021 (No. 25 of 2021)Amends Proceeds of Criminal Conduct Act (Revised Edition 2020)This Act amends the BVI Proceeds of Criminal Conduct Act, 1997 to modernise the anti-money laundering and terrorist financing (AML/CFT) framework. It broa…
Proceeds of Criminal Conduct (Amendment) Act, 2023Amends Proceeds of Criminal Conduct Act (Revised Edition 2020)This Act amends the BVI Proceeds of Criminal Conduct Act, Revised Edition 2020, primarily by increasing several monetary penalties, reducing some maximum…
Proceeds of Criminal Conduct (Amendment) Act, 2025Amends Proceeds of Criminal Conduct Act (Revised Edition 2020)This is a Virgin Islands (BVI) Act amending the Proceeds of Criminal Conduct Act, Revised Edition 2020, enacted to address deficiencies identified in the…
Proceeds of Criminal Conduct Act (Revised Edition 2020)In forceThis BVI statute is the core legal framework for confiscating the proceeds of criminal conduct and for money laundering offences in the Virgin Islands. It…
Proliferation Financing (Prohibition) (Amendment) Act, 2024Status not confirmedThis Act amends the Proliferation Financing (Prohibition) Act, 2021 (BVI) to tighten prohibitions on dealing with or making available assets linked to des…
Proliferation Financing (Prohibition) Act, 2009 (No. 15 of 2009)RepealedThis is the BVI's Proliferation Financing (Prohibition) Act, 2009 (No. 15 of 2009), which empowers the Financial Investigation Agency (the Agency) to issu…
Property (Miscellaneous Provisions) (Amendment) Act, 2021 (No. 11 of 2021)Status not confirmedThis Act amends the BVI Property (Miscellaneous Provisions) Act, 2003 to change how the law treats dispositions of property in favour of illegitimate (non…
Property (Miscellaneous Provisions) Act (Revised Edition 2020)In forceThis is a general Virgin Islands statute (in force since 1 March 2004, as revised to 1 January 2020) dealing with the formalities for executing deeds and…
Registration of United Kingdom Patents Act (Revised 2020)In forceThis Act establishes a mechanism for registering United Kingdom patents (including certain European Patent Office patents with UK effect) in the Virgin Is…
Securities and Investment Business (Amendment) Act, 2023Amends Securities and Investment Business Act (Revised 2020)This Act amends the Securities and Investment Business Act (Revised Edition 2020) in the British Virgin Islands. It introduces a new defined term, control…
Securities and Investment Business Act (Revised 2020)In forceThis is the consolidated Securities and Investment Business Act, the core BVI statute governing investment business licensing, public offers of securities…
Terrorist Asset-Freezing etc. Act 2010 (c. 38)In forceThis Act establishes a terrorist asset-freezing regime under which the Treasury may designate individuals or entities believed or suspected to be involved…
Trade Marks Act (Revised Edition 2020)In forceThis is the consolidated Trade Marks Act of the Virgin Islands (BVI), as revised to 1 January 2020, incorporating Act 9 of 2013 and Act 18 of 2015. It rep…
Trust Corporation (Probate and Administration) Act (Revised 2020)In forceThis BVI Act defines what counts as a trust corporation for purposes of being appointed executor or administrator of a deceased person's estate, and empow…
Trustee (Amendment) Act, 2021Amends Trustee Act (Revised Edition 2020)This Act amends the BVI Trustee Act (Cap. 303) to modernise several areas of trust law, including court powers to vary trusts and set aside flawed exercis…
Trustee (Amendment) Act, 2024Amends Trustee Act (Revised Edition 2020)This Act amends the BVI Trustee Act, Revised Edition 2020, to impose statutory beneficial ownership obligations on trustees. It inserts a new section 92B…
Trustee Act (Revised Edition 2020)In forceThis is the BVI Trustee Act, the core statute governing the creation, administration and powers of trusts and trustees in the Virgin Islands. It sets out…
UK Extradition Act 1989 (c. 33)Status not confirmedThis is the UK Extradition Act 1989 (c. 33), a Westminster statute consolidating and updating the law of extradition between the United Kingdom and foreig…
United Kingdom Designs (Protection) Act (Revised 2020)In forceThis is the revised (as at 1 January 2020) text of the United Kingdom Designs (Protection) Act, a Virgin Islands statute originally enacted in 1930 and am…
Virgin Islands Deposit Insurance Act, 2016In forceThis Act establishes the Virgin Islands Deposit Insurance Corporation and a Deposit Insurance Fund to provide limited compensation to insured depositors i…
Virgin Islands Special Trusts (Amendment) Act, 2021 (No. 13 of 2021)Status not confirmedThis is a short amendment act that updates the Virgin Islands Special Trusts Act, 2003. It makes a single technical change to a cross-reference in section…
Virgin Islands Special Trusts Act (Revised 2020)In forceThis is the revised Virgin Islands Special Trusts Act (VISTA), which creates a special trust regime for shares in BVI business companies. It lets a settlo…
Virtual Assets Service Providers Act, 2022In forceThis Act establishes the registration and supervision framework for virtual assets service providers (VASPs) in the Virgin Islands, covering VASPs general…