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Regulatory

Contributors

Aki Corsoni-Husain
Aki Corsoni-Husain
  • Aki Corsoni-Husain

  • Partner
  • Cyprus
George Apostolou
George Apostolou
  • George Apostolou

  • Partner
  • Cyprus
Chiara Deceglie
Chiara Deceglie
  • Chiara Deceglie

  • Partner
  • Luxembourg
Massimiliano della Zonca
Massimiliano della Zonca
  • Massimiliano della Zonca

  • Senior Associate
  • Luxembourg
Philip Graham
Philip Graham
  • Philip Graham

  • Partner
  • British Virgin Islands
Ayana Hull
Ayana Hull
  • Ayana Hull

  • Counsel
  • British Virgin Islands
Katerina Katsiami
Katerina Katsiami
  • Katerina Katsiami

  • Associate
  • Cyprus
Andrew Knight
Andrew Knight
  • Andrew Knight

  • Partner
  • Luxembourg
Joshua Mangeot
Joshua Mangeot
  • Joshua Mangeot

  • Counsel
  • British Virgin Islands
Mirza Manraj
Mirza Manraj
  • Mirza Manraj

  • Counsel
  • Hong Kong
Elina Mantrali
Mirza Manraj
  • Elina Mantrali

  • Associate
  • Cyprus
Vanessa Molloy
Vanessa Molloy
  • Vanessa Molloy

  • Partner
  • Luxembourg
Andrea Moundi Savvides
Andrea Moundi Savvides
  • Andrea Moundi Savvides

  • Consultant
  • Cyprus
Marina Stavrou
Marina Stavrou
  • Marina Stavrou

  • Associate
  • Cyprus
Matt Taber
Matt Taber
  • Matt Taber

  • Partner
  • Cayman Islands
Carolynn Vivian
Carolynn Vivian
  • Carolynn Vivian

  • Counsel
  • Cayman Islands

BVI approved managers: Deadline extended for submission of AML/CFT Returns

On 11 May 2021, the BVI Financial Services Commission (the FSC) issued Industry Circular No. 6 of 2021 informing approved managers of  amendments to the deadlines.

  • The deadline for submitting AML/CFT Returns for the 2020 reporting period has been extended from 15 May 2021 to 15 June 2021 (the revised deadline).
  • Under the revised deadline, electronic filing will be possible using the FSC’s new VIRRGIN Returns System (VIRRGIN Returns). The new system will be launched at the beginning of June.
  • VIRRGIN Returns will enable approved managers to complete the AML/CFT Returns online and submit them directly to the FSC.
  • Beta testing and registration to use VIRRGIN Returns will be available to approved managers within the next two weeks.
  • Approved managers were given the option to volunteer to participate in the beta testing of VIRRGIN Returns by sending an email to testing@bvifsc.vg by Friday 14 May 2021.

A copy of the Industry Circular can be found here.

Our recent mailshot can be found here.