The BVI has implemented a host of legislation aimed at detecting, preventing and prosecuting money laundering and other serious financial crimes. These legislative measures reflect international best practices and are geared towards safeguarding the integrity of the BVI’s financial services industry.
The relevant laws include:
Financial Investigation Agency Act & Amendments
Anti-Money Laundering, Counter-Terrorist Financing and Proliferation Financing Legislation
Proceeds of Criminal Conduct Act
- Proceeds of Criminal Conduct Act, 1997
- Proceeds of Criminal Conduct (Designated Countries and Territories) Order, 1999
- Proceeds of Criminal Conduct (Amendment) Act, 2006
- Proceeds of Criminal Conduct (Amendment) Act, 2008
- Proceeds of Criminal Conduct (Amendment) Act, 2009
- Proceeds of Criminal Conduct Amendment Act, 2010
- Proceeds of Criminal Conduct (Amendment) Act, 2012
- Proceeds of Criminal Conduct (Amendment) Act, 2017
- Proceeds of Criminal Conduct (Enforcement of External Confiscation Orders) Order, 2017
- Proceeds of Criminal Conduct Act (Consolidated)
- Proceeds of Criminal Conduct (Amendment) Act, 2021
Anti-Money Laundering and Terrorist Financing Code of Practice
Anti-Money Laundering Regulations
Drug Trafficking Offences Act
Criminal Justice International Co-operation Act
Terrorist Financing/Terrorism
Proliferation Financing (Prohibition) Act
Designated Non-Financial Businesses and Professions
Non-Profit Organisations