Press Releases

Tortola, British Virgin Islands - 24 September, 2010 - The British Virgin Islands Financial Services Commission (the "FSC") is reminding all existing money services and financing businesses operating in the Teritory that the transitional period for submission of an application for a Money Services and/or Financing Licence ends on Thursday, 30 September, 2010. The Financing and Money Services Act (the "Act"), was passed in the House of Assembly on 26 May, 2009 and came into effect on 30 March, 2010.