BVI KYC services · British Virgin Islands
We complete onboarding, CDD remediation and periodic reviews for BVI funds, administrators, banks, investment businesses, and trust and company service providers. Our compliance reviewers work under your AML policy and return documented files for your team’s decision.
Qualified human review · Documented exceptions · Your team keeps approval
Managed KYC and CDD remediation
Engage us for a defined remediation project or recurring reviews. We agree the customer population, evidence requirements and escalation route before work begins.
01 · Customer onboarding
We review identity documents, trace ownership and control, and screen the relevant parties. For BVI structures, we apply the checks in your approved policy and flag missing links or inconsistent evidence for your approver.
02 · KYC remediation
An old checklist may miss a beneficial owner. A nominee holding may leave the person behind it unclear. We work through the agreed population, document each gap and track missing evidence and escalations through to handover.
03 · Periodic reviews
We refresh CDD and screening, review changes in ownership or activity, and document the updated risk assessment. Recurring work follows your BVI review schedule, with trigger-event reviews scoped when circumstances change.
Who we support in the BVI
An investor subscription and a trust relationship require different evidence. We scope each review around the service you provide, the customer and your firm’s obligations.
Investor onboarding, remediation and periodic reviews for BVI fund relationships. We agree the fund’s role, the administrator’s responsibilities and the checks required for the investor population before reviewing files.
Reviews of layered companies, nominee arrangements and trust relationships. We document relevant parties, ownership and control, with unresolved evidence requests visible to the team responsible for approval.
Customer onboarding and remediation for individual and corporate relationships. We review the expected activity profile and supporting evidence under your methodology, with transaction-monitoring responsibilities agreed separately.
BVI AML Regulations and Code · KYC outsourcing
The BVI AML framework has specific requirements for beneficial ownership, ongoing CDD and outsourced work. We agree the policy version and review standard for your entity before starting.
Your firm retains ultimate compliance responsibility. We document the checks and unresolved issues so your authorised team can make acceptance and escalation decisions.
Check the BVI AML requirementsRead the BVI AML Regulations, Code and amendments together. Section 46 of the Code addresses outsourcing; Regulation 7 addresses reliance on an introducer. Our BVI AML compliance guide explains the distinction, the 10% beneficial-ownership test and risk-sensitive review cycles.
What you receive
Each case records the evidence, checks and reviewer’s conclusion. Missing documents and pending approvals remain visible at handover.
Included in the file
An indexed file recording the customer, relevant connected parties and the evidence supporting the ownership and control assessment.
Included in the file
Sanctions, PEP and adverse-media checks, with reviewed matches explained and unresolved concerns escalated.
Included in the file
A proposed risk rating, source of funds or wealth evidence where required, and the questions your authorised team still needs to resolve.
Included in the file
The human reviewer’s conclusions, the checks performed and an exception log that separates completed work from pending decisions.
The process
01 · Scope
Tell us the entity type, number of files and target date. We agree the policy, deliverables, access and price before you send customer documents.
02 · Work & review
Agents organise documents and perform the first pass. Qualified compliance reviewers check the evidence and reasoning, then escalate unresolved or higher-risk cases.
03 · Handover
Receive reviewed files and an exception log. Your authorised team makes acceptance and escalation decisions. Recurring reviews follow the schedule you approve.
Already using a fund administrator? Shadow KYC file testing can provide a separately scoped review of existing files. We agree independence and reporting arrangements before starting; file testing is narrower than a programme-wide AML audit.
Questions
Scope, oversight and pricing for your BVI KYC work.
Scope your KYC backlogManaged customer and investor onboarding, CDD remediation, periodic reviews and trigger-event refreshes for BVI funds, administrators, banks, investment businesses, and trust and company service providers. We agree the legal entity, applicable requirements, policy and case population before starting.
Yes. We trace the relevant ownership and control chain and record the evidence for each conclusion. BVI AML checks can require a 10% ownership or voting-rights test for relevant non-listed companies, alongside control through other means. Trusts need checks tailored to their parties and arrangement. We escalate gaps under your policy.
We complete agreed CDD checks under your policy and return human-reviewed evidence, risk assessments and exceptions for your authorised team. Section 46 of the AML Code sets outsourcing conditions, including a written agreement, provider competence, jurisdiction risk and accessible records. We agree those arrangements before file transfer. Your firm retains ultimate responsibility and oversight, including customer acceptance, high-risk approvals and reporting decisions, subject to everyone’s own statutory duties.
This service is operational KYC support. It does not appoint an MLRO, provide registered-agent services or submit corporate beneficial-ownership returns. It also does not create a third-party reliance arrangement. We document the scope and escalation route with your existing team.
Yes. A separately scoped Shadow KYC review can test files against your approved policy and report exceptions. We assess independence, access and reporting arrangements before starting. File testing does not replace a programme-wide independent AML audit or guarantee FSC acceptance.
We quote per case based on the population, ownership complexity, evidence available and review scope. Share your case count and target date. We confirm pricing, delivery, responsibility for missing documents and data-handling terms in writing before customer files are transferred.
Discuss your files
Bring the case count, entity type and target date. We’ll confirm the scope, price and delivery schedule in writing.
Or send the case list to [email protected]