BVI Financial Accounts Reporting System Portal Temporarily Down

Thursday, 10 October 2019 - 12:21pm

The Director of International Tax Authority Ms. La Toya James is informing members of financial institutions and other stakeholders that the BVI Financial Accounts Reporting System is not functional at this time. 

BVI Finance Welcomes Positive Response to Exchange of Notes on Beneficial Ownership from UK Government

Friday, 28 June 2019 - 1:27pm

BVI Finance welcomes positive comments made by the UK Home Secretary reflecting the level of cooperation between UK and BVI law enforcement authorities, following a review into the implementation of the Exchange of Notes (EoN) on Beneficial Ownership information, 18 months after its initial introduction.

Filing Deadline Extended For Reporting Financial Institutions

Friday, 21 June 2019 - 1:14pm

Virgin Islands Financial Institutions (VIFIs) are notified that the filing deadline for US FATCA and Common Reporting Standards for the 2018 reporting financial year has been extended to Wednesday July 31.

BVI Finance Commends Rise in “Quality Business” in 2018 After Strong Year of Incorporations

Friday, 31 May 2019 - 2:04pm

The size and scale of deals facilitated by the British Virgin Islands’ international business and financial centre has increased both in value and quality as the BVI reports its strongest incorporation numbers in three years.

Financial Institutions And Constituent Entities Reporting Deadlines

Wednesday, 15 May 2019 - 11:40am

Virgin Islands Financial Institutions (VIFIs) under the Common Reporting Standards (CRS) and Virgin Islands Constituent Entities (VICEs) for Country by Country Reporting (CBCR) are notified that the BVI Financial Account Reporting System (BVIFARS) is still in the process of being updated.

Money Matters BVI - Wills And Estate Planning Lunch & Learn

Tuesday, 14 May 2019 - 2:47pm

MONEY MATTERS BVI (the financial literacy programme at the BVI Financial Services Commission) will be hosting a Lunch & Learn event to address issues surrounding Wills and Estate Planning on Wednesday, May 15, from 1:00 p.m. until 3:30 p.m. at Financial Services Commission Training Centre.

BVI Finance Hosts Private Sector Sessions On Economic Substance Code In BVI, Hong Kong And London

Thursday, 2 May 2019 - 10:40am

BVI Finance is hosting education sessions for the private sector in Hong Kong and London, as well as in the BVI, following the publication of the draft Economic Substance Code by the International Tax Authority (ITA).

BVI and LIFElabs.io Enters Into First-of-its-Kind Partnership to Provide Blockchain-based Financial Transactions and Rapid Cash Response for Emergencies

Thursday, 18 April 2019 - 11:20am

Premier and Minister of Finance for the British Virgin Islands, the Honourable Andrew A. Fahie announced today the forming of a partnership with the company, LIFElabs.io, for the purposes of providing Rapid Cash Response in the event of an emergency, and also creating an alternative digital currency payment method for facilitating ongoing financial transactions across the network of islands. 

Banco Popular To Begin Services In Virgin Gorda August 2019

Wednesday, 3 April 2019 - 5:53pm

Premier and Minister of Finance, Honourable Andrew A. Fahie has announced that the banking institution, Banco Popular will be offering full banking services to the Virgin Gorda community beginning August 2019.

BVI To Be Represented At Outsource Caribbean Conference

Monday, 25 March 2019 - 8:40am

A BVI delegation will explore ways and means to diversify the Territory’s economy at the Outsource to the Caribbean Conference (OCC) 2019 in Curaçao in May.

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