# Fintech licensing in British Virgin Islands

Source page: https://protegra.io/licensing/jurisdictions/bvi/

In British Virgin Islands, fintech and crypto licences are issued by the British Virgin Islands Financial Services Commission (BVI FSC). The Atlas covers 4 licence types there, in 4 families: fund manager, investment firm, money transmitter and virtual asset service provider. Each licence page lists its legal basis, fees and decision period with sources.

## Financial regulators in British Virgin Islands

- [British Virgin IslandsBritish Virgin Islands Financial Services Commission (BVI FSC)The FSC is the single autonomous regulator for all financial services business in and from the British Virgin Islands, including banking, in](https://protegra.io/licensing/regulators/bvi-fsc/)

## Fintech licences available in British Virgin Islands

### [Fund manager](https://protegra.io/licensing/licences/fund-manager/)

- [FM · British Virgin IslandsBVI mutual fund recognition (private/professional fund), registration (public fund) or approval (incubator/approved fund) - funds are recognised/registered/approved, not 'licensed'BVI FSC](https://protegra.io/licensing/licences/fund-manager/bvi/)

### [Investment firm / broker-dealer](https://protegra.io/licensing/licences/investment-firm/)

- [IF · British Virgin IslandsInvestment Business Licence (Categories 1-4: dealing, managing, advising, custody/administration of investments)BVI FSC](https://protegra.io/licensing/licences/investment-firm/bvi/)

### [Money transmitter / money services business (MSB)](https://protegra.io/licensing/licences/money-transmitter/)

- [MSB · British Virgin IslandsMoney Services Business Licence, Class A (money/electronic/mobile money transmission) or Class B (money orders, traveller's cheques, cheque cashing, currency exchange)BVI FSC](https://protegra.io/licensing/licences/money-transmitter/bvi/)

### [Virtual asset service provider (non-MiCA)](https://protegra.io/licensing/licences/vasp/)

- [VASP · British Virgin IslandsVirtual Assets Service Provider RegistrationBVI FSC](https://protegra.io/licensing/licences/vasp/bvi/)

## Main laws

- [Virtual Assets Service Providers Act, 2022](https://protegra.io/licensing/laws/vg-virtual-assets-service-providers-act-2022/): No. 17 of 2022

## Path to market

Start by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. BVI FSC offers a regulatory sandbox; the regulator page explains how to use them. The application goes to BVI FSC, together with the capital, governance and AML documentation the licence page lists.

Last verified: · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.