The British Virgin Islands (BVI) government has announced its 2022 programme for new financial services Bills. They include the Virtual Assets Service Providers Act 2022, requiring registration and reporting by providers of virtual assets services; the BVI Business Companies (Amendment) Act 2022, addressing struck-off companies, abolition of bearer shares and record-keeping measures; and a repeal of the EU taxation of savings directive, now replaced with the Common Reporting Standard.

The government also proposes to ...