The BVI Financial Investigation Agency (FIA) has published various suspicious transaction reporting documents to assist licensees in identifying suspicious activities and understanding the obligations to report such activities.

The following documents are available on the BVI Financial Services Commission’s website:

• Suspicious Transaction Reporting – Financial Institutions FAQs
• Suspicious Transaction Reporting – Additional FAQs
• Red Flags for Suspicious Transactions or Activities
• Suspicious Transaction Reporting Filing Process
• Suspicious Transactions - Potential Examples

FAQs can be found here.

BVI FSC’s Industry Circular No. 3 can be found here.