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Industry Updates | 28/09/2016

Cabinet makes BVI Business Companies Order (extension of fee filing period for Register of Directors)

The Commission advises all industry practitioners of the publication of BVI Business Companies (Amendment of Schedule 1) Order, 2016.

The Order was made by...

Industry Updates | 26/09/2016

The Commission has advised Cabinet as required, and anticipates confirmation of its recommendation to extend the fee neutral (free filing) period to 31 December, 2016 for filing Registers of Directors on behalf of BVI business companies.

Cabinet confirmation of the Order enabling the...

Guidance | 20/09/2016

Insurance Guidelines - Approved 20 Sept 2016 Parent Article: 

Industry Updates | 06/09/2016

VIRRGIN Lite Subscribers Update

All subscribers requiring VIRRGIN Lite access for Hong Kong based users must submit a static (dedicated and unchanging) IP address to the FSC. Subscribers should provide the external facing static IP address if the office uses a shared...

Industry Updates | 27/07/2016

Section 118B (11) of the BVI Business Companies Act (as amended) provides that particulars of directors referred to in section 118A shall be in such form as the Registrar may determine.  These guidance notes provide additional information on the format required by the Registrar for the filing of...

Industry Updates | 21/07/2016

Beginning Monday, 18th July, the Commission will accept applications for VIRRGIN Administrators.  The VIRRGIN Administrator, which is a new concept, requires firms to identify a BVI based (resident) individual who will manage the registration, activation and deactivation of users and access...


The Commission acknowledges the challenges with the implementation of legislative reform for the filing of particulars of directors (Register of Director [RoD] filings).  We are working extensively to deliver improved results that support efficient business operations and achievement of the...

Industry Updates | 04/07/2016

Compliance Period

The 2015 amendments to the Anti-Money Laundering Regulations (AMLR) and Anti-Money Laundering Terrorist Financing Code of Practice (AMLTFCOP) took effect on 1st January, 2016. This means that all relevant persons [1] should as of 1st January, 2016 take necessary steps...

Statistical Bulletin | 21/06/2016

This is the forty-second volume of the BVI Financial Services Commission’s Quarterly Statistical Bulletin 

Industry Updates | 11/05/2016

The British Virgin Islands Financial Services Commission (“FSC”) is advising Industry Practitioners that effective 1 January, 2016, the following persons are authorised to sign documents issued by the Registry of Corporate Affairs under the BVI Business Companies Act, 2004 and the Partnership...