The British Virgin Islands Financial Services Commission (BVI FSC) announced that its new Authorisation and Supervision Division has become fully operative as of 1 July 2022.

The Authorisation and Supervision Division comprises the following four new units which replace the traditional Investment Business, Insurance, Banking, Insolvency, and Fiduciary Services divisions and effective 1 July 2022, the submissions to the Authorisation and Supervision Division should be made to the respective Units as listed below:

• Authorisation – email at authorisation@bvifsc.vg
• Prudential Supervision – email at prudentialsupervision@bvifsc.vg
• Specialised Supervision – email at specialisedsupervision@bvifsc.vg
• Market Conduct Supervision – email at marketconductsupervison@bvifsc.vg

The BVI FSC’s press release can be found here.