The FIA is one of the key Competent Authorities in the Territory of the Virgin Islands with responsibility for the prevention and detection of financial crime, including money laundering, terrorist financing and proliferation financing. The FIA was established as an autonomous law enforcement agency by the Financial Investigation Agency Act, 2003 (“the Act”), which came into force on 1st April 2004. The FIA’s primary role and functions are contained in section 4 of the Act.