The
BVI FSC has issued the
information and guidelines for those who seek to apply for a
licence or certificate as Financial Services Business Providers within the jurisdiction. The six documents published by the Commission include the
Application Form that should be completed by an applicant to obtain
the Licence or Certificate as a Financial Services Business Provider (Part 1 of the Document), and the forms which include
additional information required in the case of
a Banking or Fiduciary Business Licence Application (Part 2), in the case of
an Insurance Licence Application (Part 3), for
an Investment Business Licence, Recognition and Registration of Mutual Funds (Part 4).
Part 5 of the Document is for additional information, which is not specifically requested in an approved form for the type of authorization sought, but which an applicant may wish to provide for the consideration of an application or for any other reason. Part 6 (Declaration) and Part 1 should be completed by all applicants notwithstanding what type of Licence they apply for.The order of completing the approved appplication forms, additional forms and attachments and their acceptance by the Commission is stated in the
Application Guidelines. Every application must be accompanied by the requisite fee. All completed applications along with supporting documents should be addressed to the Financial Services Commission, and will be processed by appropriate divisions of the FSC which have responsibility for the subject matter of the application.
Labels: BVI Financial Services Comission, BVI Mutual Funds, Financial Services, Financial Services regulations, Insurance business, Investment Services, Offshore Banking, Offshore Financial Services