Fintech and Financial Services
You’re offering a financial service in the British Virgin Islands. The licence question comes before the product roadmap, not after it.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Find out whether you need your own licence
Whether the BVI Financial Services Commission treats what you do as investment business or a virtual asset service, and which registration follows.
What to work through, in order
The licence question
Whether the activity is investment business under SIBA, a virtual asset service under the VASP Act, or a financing or money services business. Each has its own registration path.
Client money and safeguarding
Segregation and reconciliation obligations attach to regulated activity, with the Financial Services Commission expecting documented controls and independent oversight.
Conduct, complaints and vulnerable customers
Complaint handling and fair dealing expectations attach to licensed activity, with the Financial Services Commission supervising conduct alongside prudential matters.
Next steps
What happens if you go ahead
Scoping call
Written scope and fixed-fee quote
Engagement, once a lawyer confirms
Who would handle it
Offices
New York
450 Park Avenue, 3rd Floor, New York NY 10022
San Francisco
28 Geary Street, Suite 625 #133, San Francisco CA 94108