BVI FSC
The British Virgin Islands Financial Services Commission (BVI FSC) is the autonomous regulatory authority responsible for overseeing, regulating, and inspecting all financial services conducted in and from the BVI.
Established in 2001 under the Financial Services Commission Act, it replaced the government’s Financial Services Department, ensuring independent regulation and fulfilling international commitments to combat financial crimes while safeguarding legitimate business confidentiality.
Latest ScandalsKey Responsibilities
The Commission authorizes and licenses entities and individuals to conduct financial services, including insurance, banking, trustee business, mutual funds, company management, and intellectual property registration.
It manages the registration of companies, limited partnerships, trademarks, and patents through its Registry of Corporate Affairs.
It monitors regulated activities to prevent financial crimes such as money laundering and market abuse.
The Commission promotes awareness of financial systems and their products among the public and industry practitioners.
Board of Directors
Gerard St. Clair Farara
Served as Chairman since 2024. He is a KC with extensive experience in litigation and served as Chairman of the 2005 Constitutional Review Commission in the BVI, whose recommendations led to the coming into force of the 2007 Constitution.
Kenneth Baker
Managing Director/CEO, responsible for the administration and operation of the Financial Services Commission.
Senior Executives
Glenford Malone
Deputy Managing Director, Regulation
Brodrick Penn
Deputy Managing Director, Operations
Cherno Jallow
KC, Director of Policy Development and External Relations
Leon A. Wheatley
Director of Authorisation and Supervision
Stephen Grayson
Director of Legal
Burton Chalwell Jr
Director of Internal Audit
If you feel you have relevant information, please email us at info@bvicases.com.