Contact

Rachael McDonald

Rachael McDonald

BVI
Partner

Danielle Roman

Danielle Roman

Hong Kong
Partner

John Rochester

John Rochester

Guernsey
Mourant LP Partner

Sara Galletly

Sara Galletly

Cayman Islands
Partner

Simon Lawrenson

Simon Lawrenson

Hong Kong
Partner

Update

BVI issues guidance on regulation of virtual assets

[Dynamic date]

22 July 2020

The British Virgin Islands Financial Services Commission issued guidance on 13 July 2020 clarifying the application of the existing regulatory framework to virtual assets. A six-month transition period is provided for virtual asset related entities to become compliant with the applicable legislation, should they need to do so.