Notice

Proliferation Financing (Prohibition) (Amendment) Act, 2024 (Commencement) Notice (SI 2024 No. 73)

British Virgin Islands Financial Services Commission (FSC) · British Virgin Islands

Issued

Current version last checked: 2026-07-11

Summary

This is a short commencement notice made by the Minister of Financial Services, Economic Development and Digital Transformation under the Proliferation Financing (Prohibition) (Amendment) Act, 2024. It does not itself create new substantive rules; it simply fixes the date on which the Amendment Act comes into force.

  • Instrument: Statutory Instrument 2024 No. 73, gazetted 27 December 2024, made under section 1(2) of the Proliferation Financing (Prohibition) (Amendment) Act, 2024 (No. 20 of 2024).
  • Effect: Appoints 2 January 2025 as the date on which the Proliferation Financing (Prohibition) (Amendment) Act, 2024 comes into force.

Readers seeking the substantive AML/CFT obligations should consult the text of the Proliferation Financing (Prohibition) (Amendment) Act, 2024 itself, as this notice only addresses its commencement date.

Deadlines

  • 2 January 2025: Date on which the Proliferation Financing (Prohibition) (Amendment) Act, 2024 comes into force.

Topics

Version history

2026-07-11

source file (current)