Public Statements

The Financial Action Task Force (the ‘FATF’), a global standard-setting body issued a public document identifying jurisdictions under increased monitoring due to strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.  The British Virgin Islands Financial Services Commission (“FSC”) wishes to advise the general public, including all persons who are required to comply with the requirements of the Anti-Money Laundering Regulations, 2008 and the Anti-Money Laundering and Terrorist Financing Code of Practice, 2008