Monday, February 28, 2011

BVI FSC Published Amendment to Anti-Money Laundering Legislation

The British Virgin Islands Financial Services Commission has published on its site the Anti-Money Laundering and Terrorist Financing (Amendment) Code of Practice, 2010. According to the document, Schedule 2 of the Anti-money Laundering and Terrorist Financing Code of Practice, 2008 is amended by inserting the two countries – Liechtenstein and Russia.

The Anti-Money Laundering and Terrorist Financing (Amendment) Code of Practice was issued on July 28, 2010. The document is signed by Managing Director/CEO of the Commission Robert Mathavious.
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