Industry Circular 12 of 2024 - BVI FSC TO HOST MEET THE REGULATOR FORUM IN HONG KONG

Wednesday, 8 May, 2024

BVI FSC TO HOST MEET THE REGULATOR FORUM IN HONG KONG

Tortola, British Virgin Islands – The BVI Financial Services Commission (the Commission) is scheduled to host a Meet the Regulator (MTR) Forum in Hong Kong on Monday, 20 May 2024. The closed MTR Forum, which will bring together financial services industry stakeholders, regulatory professionals, and business leaders, is scheduled to take place at the Conrad Hotel Hong Kong, Pacific Place, 88 Queensway, Admiralty.

The MTR Forum offers the Commission a critical opportunity to meet with global partners, retain a strong foundation for dialogue and collaboration, and promote partnerships through transparency and targeted outreach.

Managing Director and CEO of the Commission – Mr Kenneth Baker, stated: “The Commission is dedicated to fostering deliberations in line with our commitment to transparency, and which align with our aim for a regulatory framework characterised by integrity and stability. When the Commission facilitates dialogue with those who are diligently promoting BVI financial services business, we are not just enabling first-person information transfer, but are also aiding client service practitioners to deliver on top-notch service standards to those whom they represent.”

The Commission delegate at the MTR Forum will be Deputy Managing Director for Regulation – Mr Glenford Malone, who is scheduled to address the following topics:

Amendments to the BVI Business Companies Act
AML/CFT Implementation RE: VI 4th Round Mutual Evaluation Report
Financial Returns Order

Asia Representative for the BVI Financial Services Commission (HK) Limited – Mr Shane Baptiste, will be on hand to provide support and reinforcement at the MTR Forum, which is also listed as an itinerary item for the BVI Asia Trade Mission 2024.

For further information regarding the MTR Forum and to register and submit advance questions, please contact our Asia Representative Office directly at [email protected].