AMLSolutions Group

British Virgin Islands ("BVI") added to the The Financial Action Task Force (FATF) "Grey List"

In June 2025, the BVI was added to FATF's  Grey List which flags jurisdictions with weak anti-money laundering and counter-terrorist financing (AML/CFT) measures.  The BVI has made a high-level political commitment to work with FATF to strengthen the effectiveness of its AML regime.

Typically, countries on this FATF list are added to the EU list of High Risk Third Countries which makes it mandatory for EU institutions to conduct enhanced due diligence on any customer based there.

About AML Solutions

AML Solutions Group offers a range of services to assist the boards of funds and firms in Ireland, the Cayman Islands, the British Virgin Islands and the UK to meet their anti-money laundering obligations.  We provide independent and practical expert advice.

sam.stewart@amlsolutionsgroup.com

Independence + Focus + Experience = Effectiveness