The BVI Financial Services Commission announced that on 1 March 2019 the Financing and Money Services (Amendment) Act, 2018 – No. 1 of 2019 (the FSMA amendment) came into force.
The FSMA amendment includes changes in definitions within the Act, new available classes of licenses and updated application fees.
Harneys published an article on 28 March 2019 which can be found here.
The full FSMA Amendment Act can be found here.