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Several updates have been provided in recent months, regarding significant legislative changes in the BVI.

On 9 February 2024, the BVI Financial Investigation Agency (FIA) issued an updated Money Laundering Reporting Officer (MLRO) Notification Form. The updated form must be used by relevant...

The BVI was amongst those moved to the EU's list of fully cooperative tax jurisdictions on 18 February.

The BVI has announced amendments to its Anti-Money Laundering (AML) regime in order to ensure continued compliance with developing international standards on transparency and AML regimes.

The BVI Financial Investigation Agency (FIA) is presently reviewing the compliance arrangements of real estate agents throughout the jurisdiction to ensure they meet the requirements of the British Virgin Islands’ (BVI) anti-money laundering (AML) regime.

The British Virgin Islands is scheduled to undergo its Fourth Round of Mutual Evaluation by the Caribbean Financial Action Task Force in 2017.

On 24 February 2022 the European Council confirmed that ten countries, including Bermuda and the BVI, will be included in Annex II of its list of non-cooperative jurisdictions for tax purposes (sometimes referred to as the EU Tax Grey List).

On 13 June 2025, the Financial Action Task Force (FATF) announced that the British Virgin Islands (BVI) has been added to its Grey List of jurisdictions "under increased monitoring".

On 15 October 2024, amendments to the Anti-Money Laundering Regulations (As Revised) ("AML Regulations"), previously published in the Gazette, came into force.

On 18 January 2024, the European Council and Parliament reached a provisional agreement on an anti-money laundering package to protect the EU and its financial system.

The UK government has welcomed the Bri6sh Virgin Islands' commitment to crea6ng a publiclyaccessible register of company ownership by 2023.

The British Virgin Islands (BVI) is enhancing its anti-money laundering regime, bringing it in line with international standards on transparency.

Virtual assets businesses and the gaming industry will be brought into scope under new amendments to anti-money laundering regulations in the British Virgin Islands (BVI).

As widely expected, the British Virgin Islands ("BVI") is shortly bringing into force new legislation to implement the Financial Action Task Force's standards on virtual assets and virtual asset...

The BVI Financial Services Commission has introduced new annual return reporting requirements for certain categories of licensees, including trust companies, investment managers/ investment advisors and fund administrators.

Written by Associate Nia Statham and Partner Shaun Reardon-John, this guide shares the legal asset recovery tools available for victims of cryptoasset fraud in the British Virgin Islands.

"Fintech is the future", said Mr Carson Wen (Mr Wen), the Chairman and founder of Bank of Asia (BVI) Limited (Bank of Asia).