The details on this page about British Virgin Islands Financial Services Commission were compiled from the regulator’s own official documents, its website and other public sources, and are presented as neutral, factual guidance.
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Regulator Performance Overview
300
50
26
10
9
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
Medium
Tier 3
SIBL Category 2 – Securities / Investment Business
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
This regulator shows below average performance with an overall score of 50.
Strongest performance in License Value
Transparency Level: medium
Global Tier: tier3
The British Virgin Islands Financial Services Commission (the "FSC") was established in December 2001 as a result of the Financial Services Commission Act, 2001.
The FSC is an independent regulatory authority responsible for regulating and supervising all financial services provided in or from the BVI.
The Commission commenced operations in 2002, having taken over from the Government (via the Financial Services Department) regulatory and supervisory functions, and previously had been a part of the BVI Government network.
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Self-regulated
North Korea - UN-sanctioned countries
USD 30k-50k + $50k-$1M capital
British Virgin Islands
Most countries worldwide
North Korea - UN-sanctioned countries
Retail Agency (STP); Market Maker (Principal); Provide Liquidity (PoP)
Online portal available
BVI FSC Complaints
1:500
9 instruments
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Access to international regulatory standards, cooperation frameworks, and best practices
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Commitment to international standards for anti-money laundering and counter-terrorism financing
Effectiveness of regulatory framework and enforcement
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
Forex, Bond, Stocks, Fund, Options, Derivatives, Commodity, Securities, Futures
Brokers authorized and regulated by this authority
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