International Cooperation and the Financial Services Commission Dawn

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International Cooperation and the Financial Services Commission Dawn J. Smith Director, Legal & Enforcement

International Cooperation and the Financial Services Commission Dawn J. Smith Director, Legal & Enforcement Division

Why? • fostering cooperation • proliferation financing • exchange of information • corruption •

Why? • fostering cooperation • proliferation financing • exchange of information • corruption • banking and financial regulation/supervision • serious organized crime • money laundering • terrorist financing • uphold BVI law • preserve BVI reputation

Competent Authorities (FSCA – s. 32, 33 C) Mo. U: April 2014 Mo. U:

Competent Authorities (FSCA – s. 32, 33 C) Mo. U: April 2014 Mo. U: March 2007 Financial Investigation Agency and Financial Services Commission Authorities of Inter-Governmental Committee • • • • Attorney General’s Chambers BVI Airports Authority BVI Ports Authority Department Of Immigration Department of Trade and Consumer Affairs Financial Investigation Agency Financial Services Commission Her Majesty’s Customs International Tax Authority Non-profit Organisation Registration Board Office of the Director of Public Prosecutions Post Office Royal Virgin Islands Police Force Virgin Islands Shipping Registry

International Regulators & Authorities FSCA ss. 33 C, 33 D • • • International

International Regulators & Authorities FSCA ss. 33 C, 33 D • • • International Organisation of Securities Commissions (IOSCO) (2002) Regional Regulatory Authorities (2011) European Securities and Markets Authority (ESMA) (2013) Office of the Superintendent of Financial Institutions (Canada) (2005) Jersey Financial Commission (2007) Services • Iceland Financial Authority (2010) Supervisory • United States Bank Regulators (2010) • Liechtenstein Financial Market Authority (2014) • National Banking and Securities Commission of the United Mexican States (2006) • Commissioner of Financial Institutions of Puerto Rico (2005)

Quarter 1 Statistics

Quarter 1 Statistics

Useful Reference (published by the FSC (2007; revised 2013)

Useful Reference (published by the FSC (2007; revised 2013)