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About the BVI IFC

The BVI IFC plays a pivotal role in the promotion and marketing of the BVI as a leading financial centre.

The real beauty of the British Virgin Islands is its proven leadership in meeting the needs of international business. The jurisdiction has a proud tradition of achieving balance and transparency in regulation; meeting and in many cases exceeding international best practice standards.

Established in 2002 as part of the government's commitment to support the financial services industry, the aim of the IFC is to provide a voice to the BVI's financial industry.

The launch of the Centre marked the final stage in the government’s commitment to international principles to separate the marketing/promotional functions from the regulatory/supervisory areas of the Territory’s financial services industry.

The British Virgin Islands has become a high-quality international finance centre, and is regularly undertaking programmes to expand its financial services offerings to meet the needs of the global markets.

The International Finance Centre continues to enhance and promote the reputation of the BVI as a premier offshore jurisdiction.

  
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Our Vision
"That the British Virgin Islands (BVI) continues to be recognized as an innovative, efficient and respected international finance centre through the quality of its people, services and regulatory environment."
  
Our Mission is three-fold:
1. The IFC aims to give a voice to the Territory's financial services sector and to ensure that the BVI retains the unique balance it has created in having a sound regulatory framework, an entrepreneurial professional community and a Government that is committed to developing innovative, business-enabling legislation.

2. To foster a cohesive working relationship with the private sector and the regulatory authority, and provide assistance and advice to those seeking to utilise the facilities of the BVI as a hub for financial services. To devise and implement marketing, promotion and public relations programmes nationally and internationally, to support business development and further enhance the reputation of the Territory as an international centre for business.

3. To create a shared understanding of the value and benefits of the financial services sector to the BVI and its stakeholders as well as develop and execute information and education programmes to foster awareness and understanding of the BVI as a financial centre.

  
The BVI Advantage

The balance between a sound regulatory framework, an entrepreneurial business community and a Government that is committed to the development of leading edge legislation means that there are clear advantages to doing business within the BVI.

These include:

  • political and economic stability
  • a legal system based on English law
  • status as a British Overseas Territory with the additional security that brings a pool of professionals who can meet business needs
  • sound infrastructure, including telecommunications
  • no exchange controls
  • a commitment to enact legislation that meets business needs and protects the integrity of BVI
  • a close partnership between the public and private sectors, which ensures effective and efficient legislation.

 

  
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