2022
The Mutual Legal Assistance ( Tax) (Amendment) Act
The International Tax Authority (Amendment) Act, 2022
4th Round FATF Mutual Evaluations
20th Anniversary of International Finance Centre (IFC)
20th Anniversary of the BVI Financial Services Commission (FSC)
Business Companies Act (Revised)
AML/CFT Policy and AML/CFT (Revised)
2021
Publication of final BVI National Risk Assessment (NRA) Report
Enactment of Counter-Terrorism Act
2020
AML/CFT Policy and AML/CFT Strategy 2020 – 2022
BVI Business Companies Act (Revised)
Economic Substance Act (Companies and Limited Partnerships) (Revised)
Financial Services Agency Act (Revised)
2019
Regulatory Code (Amendment)
2018
International Tax Authority Act
BVI National Risk Assessment Report (NRA) Progress Report
2017
International Tax Authority Act - Created a body that ensures compliance with requests by international partners for tax-related information
BVI joins the Inclusive Framework for the OECD’s Base Erosion & Profiting Shifting (BEPS) project
Secure Search (Beneficial Ownership) System Act - Legislation to accompany the creation of the Beneficial Ownership Secure Search System (BOSSs)
Proposed Limited Partnership Act - To update The Partnership Act and the BVI’s limited partnership regime Limited Partnership Act 2017
2016
Financial Services Appeal Board Act
Securities & Investment Business (AIFMD) Regulations
BVI - Isle of Man TIEA agreement signed
BVI implements the 0ECD’s Common Reporting Standard
2015
Securities & Investment Business (Incubator & Approved Funds) Regulations
Anti-money Laundering (Amendment) Regulations
Anti-money Laundering & Terrorist Financing Code of Practice
BVI signs FACTA Intergovernmental Agreement
BVI rated ‘largely compliant’ for its approach to tax transparency and exchange of information within OECD Global Forum Peer Review Report
2014
BVI commits to the OECD’s Multilateral Convention on Mutual Assistance in Tax Matters
BVI - South Korea TIEA agreement signed
BVI - Japan TIEA agreement signed
UK extends the Multilateral Convention in Mutual Assistance on Tax Matters to the BVI
Investment Business (Registers) Regulations
2013
BVI joins OECD Anti-Bribery Convention
Computer Misuse & Cybercrime Act
Arbitration Act
Investment Business (Approved Managers) (Amendment) Regulations
BVI Business Companies (Restricted Company Names) Notice
BVI - Guernsey TIEA agreement signed
BVI - Poland TIEA agreement signed
BVI - Canada TIEA agreement signed
2012
Investment Business (Approved Managers) Regulations
BVI Business Companies Regulations
Business Companies (Amendment) Act
BVI - Isle of Man TIEA agreement signed
BVI opts into ‘automatic exchange’ option of the
European Union Savings Tax Directive
2011
BVI - Czech Republic TIEA agreement signed
BVI - India TIEA agreement signed
BVI Business Companies (Restricted Company Names) Notice
2010
Securities & Investment Business Act
Mutual Funds Regulations
Securities & Investment Business (Recognised Jurisdictions) Notice
BVI - Germany TIEA agreement signed
BVI - Portugal TIEA agreement signed
IMF Review of BVI’s financial regulatory policies and financial stability
2009
Proliferation Financing (Prohibition) Act
Independent Review of British Offshore Financial Centres commissioned by the Chancellor of the Exchequer highlights BVI’s progress in meeting international tax transparency standards
BVI recognised as a jurisdiction that had ‘substantially implemented’ OECD’s internationally agreed tax standard
BVI - China (People’s Rep.) TIEA agreement signed 14 other TIEA agreements signed in 2009
Financial Services (Prudential & Statistical Returns) Order
Financial Services (Recognised Custodians) Order
Financing & Money Services Act - provided licencing, registration & supervision for those in financing and money services businesses
2008
BVI rated ‘largely compliant’ by Caribbean Financial Action Task Force (CFATF) in report into BVI’s approach to anti-money laundering and combating the financing of terrorism
Anti-money Laundering & Terrorist Financing Code of Practice
Anti-money Laundering Regulations
Insurance Act - Subsequently updated & amended
BVI - Australia TIEA agreement signed
BVI - UK TIEA agreement signed
2007
BVI FSC welcomed as an ordinary member of the International Organisation of Securities Commissions (IOSCO)
BVI FSC becomes a full member of the Group of International Finance Centre Supervisors (GFICS)
Financial Services (Administrative Penalties) (Amendment) Regulations
2004
Virgin Islands Special Trust Act (VISTA)
BVI Business Companies Act
2003
BVI applies UN Convention Against Corruption
Mutual Legal Assistance (Tax Matters) Act
Insolvency Act -Subsequently updated and amended
Virgin Islands Special Trust Act - Subsequently updated and amended
Financial Investigation Agency Act - Established the Financial Investigation Agency
2002
BVI commits to Organisation for Economic Cooperation & Development (OECD) internationally agreed tax
Anti-Terrorism (Financial & Other Measures) Overseas Territories Order
BVI - United States TIEA agreement signed
2001
Financial Services Commission Act - Established the FSC, BVI’s independent financial services regulator
The Terrorism (United Nations Measures) (Overseas Territories) Order
2000
Criminal Justice (International Cooperation) (Amendment Act
1999
BVI applies UN Convention for the Suppression of the Financing of Terrorism
Proceeds of Criminal Conduct (Designated Countries and Territories) Order - Subsequently updated and amended
BVI Financial Intelligence Unit joins Egmont Group of Financial Intelligence Units
1997
Proceeds of Criminal Conduct Act
1996
Drug Trafficking Offences (Designated Countries and Territories) 0rder - Subsequently updated and amended
Criminal Justice (Enforcement of Overseas Forfeiture Orders) Order
1993
Criminal Justice (International Cooperation) Act - Subsequently updated & amended
1992
BVI joins Caribbean Financial Action Task Force
Drug Trafficking Act· Subsequently updated and amended
1990
Mutual Legal Assistance (USA) Act
1984
International Business Companies Act