The BVI Virtual Asset Service Providers Act (VASP Act) came into force on 1 February, providing clarity and certainty on the regulatory landscape for virtual asset services (VASPs) operating in or from within the BVI.
Our Regulatory & Risk Advisory team has reviewed the Act and pulled together guidance to what activities fall within the scope of the VASP Act and to the relevant regulatory oversight, compliance requirements and enforcement regime.
Please click here to read our full advisory