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BVI FSC invites industry input on financial services strategy development

11 Jun 2026
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On 3 June 2026, the British Virgin Islands Financial Services Commission (FSC) issued Industry Circular 16 of 2026, advising stakeholders of the Government of the Virgin Islands' initiative to develop a National Financial Services Strategy. The Strategy is directed at enhancing the Territory's competitiveness, resilience, and global standing within the international financial services landscape.

As part of this initiative, the Government is soliciting structured input from industry participants via a confidential stakeholder survey, administered through a dedicated platform. Key aspects of the survey process are as follows:

  • Responses will be aggregated and analysed anonymously, with completion estimated at approximately ten minutes.
  • The data collected will directly inform both the formulation of the Strategy and its accompanying implementation roadmap.
  • A select group of respondents may subsequently be invited to participate in targeted focus groups to examine specific topics in further detail.

The survey seeks to capture stakeholder perspectives on current sectoral strengths, prevailing challenges, and prospective opportunities. The FSC has underscored that meaningful stakeholder engagement is critical to ensuring the Strategy adequately reflects industry realities, addresses emerging risks, and positions the BVI financial services sector for sustained competitiveness.

The deadline for survey submissions is 15 June 2026.

Stakeholders with operations or interests connected to the BVI are encouraged to participate promptly, given the limited consultation window.

Industry Circular 16 of 2026 can be accessed here