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01Jul

Industry Circular No. 24 of 2020 - Guidance on Compliance with Independent ID Verification and Staff Training during Covid-19 Pandemic

01 Jul, 2020 | View Counts (864) |Return|

 

British Virgin Islands Financial Services Commission


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Guidance on Compliance with Independent ID Verification and Staff Training during Covid-19 Pandemic

 

 

 

The BVI Financial Services Commission (“FSC”) issues this guidance to assist its licensees in the application of the independent ID verification and staff training obligations set out in the AML/CFT Code of Practice and in response to the global changes to business operations as a result of the COVID-19 pandemic. The FSC expects its licensees to continue to comply with their AML/CFT obligations during the pandemic period.  

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