We Are: the regulatory authority for all financial services business operating in and from within the BVI.
We Regulate: all financial services activities conducted in and from within the BVI pursuant to relevant BVI laws to ensure compliance with the relevant international standards and best conduct of business practices. Our remit includes banking and fiduciary business, investment business, insolvency services, insurance business, company management, company registration, and intellectual property. We also have a mandate to promote accountability, transparency and good governance.
We Enforce: all financial services regulatory and registry legislation, including all related subsidiary legislation and directives issued by the FSC under appropriate legislation.
We Monitor: the perimeter of regulated financial services activity to safeguard the public against any illegal and/or unauthorised financial services business operating in and from within the BVI.
We Facilitate: the provision of legal and regulatory assistance to overseas regulatory and law enforcement agencies pursuant to BVI laws.
We Educate and Inform: the general public and industry practitioners on matters relating to financial services business, including the regulatory regime
We Collaborate and Cooperate: with other public and private sector stakeholders to foster the development of a financial services environment that will remain competitive and attractive for legitimate business.
We Advise: the Government on matters relevant to the financial services industry with a view to ensuring that BVI laws and regulations and the scope of supervision are compatible with international standards and appropriate for the sustained competitiveness of the BVI financial services industry.
We Review: all financial services and related enforcement legislation and policies with a view to keeping attuned to domestic and international developments affecting the financial services industry so as to continually strengthen the scope of services that we provide.