What is an AML/CFT Return?
An AML/CFT Return refers to the Anti-Money Laundering and
Countering the Financing of Terrorism (AML/CFT)
Return, which is an annual reporting requirement for certain BVI
regulated entities that was introduced in 2021 under the Financial
Services (Prudential and Statistical Returns)(Amendment) Order 2021
(Order).
Who has to file an AML/CFT Return?
The Order requires certain BVI regulated entities, including BVI
approved managers and investment business licensees, to prepare and
submit an AML/CFT Return by 31 March in each calendar year.
Specifically, an AML/CFT Return has to be filed with the BVI
Financial Services Commission (BVI FSC) by the
following BVI regulated entities (Licensees):
