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CARIBBEAN · JURISDICTION PROFILE

British Virgin Islands

Comprehensive Travel Rule: In force FATF Grey list
Regulator(s)BVI FSC ↗
FrameworkVASP Act (2022)
Travel RuleIn force
FATF statusGrey list

Overview

The British Virgin Islands' Virtual Asset Service Providers Act (2022) requires VASPs to register with the BVI Financial Services Commission (FSC) and comply with AML/CFT obligations. The BVI ('Virgin Islands (UK)') is currently on the FATF grey list.

Regulatory framework

The VASP Act registers and supervises virtual-asset service providers under the FSC.

Licensing & authorisation

VASPs must register with the BVI FSC.

AML & Travel Rule

AML/CFT obligations and a Travel Rule apply to registrants.

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Sources & official links

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