Data Privacy and Cyber Risk in BVI Financial Institutions
This webinar forms part of the 2025 Financial Services Compliance Series (BVI-specific).
Description
This webinar provides BVI financial institutions with practical guidance on data privacy and cyber risk management. It reviews compliance obligations under the BVI Data Protection Act, GDPR, and FSC expectations. Attendees will learn effective incident management processes, third-party/vendor risk assessment strategies, and approaches to address emerging threats from AI adoption and evolving cyber risks. The session also covers governance, training, and technical measures to strengthen resilience, reduce exposure, and maintain compliance in a digital environment.
This webinar provides one-hour of CPD and offers insights and updates from a leading industry-expert speaker.
Delegates places are interchangeable with colleagues from the same organisation.
Content
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Regulatory Frameworks – Key compliance requirements under the BVI Data Protection Act and GDPR, with emphasis on obligations for financial institutions and alignment with FSC expectations
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Incident Management – Effective processes for identifying, containing, and reporting data breaches, including regulator and client notification requirements
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Third-Party and Vendor Risk – Strategies for assessing, contracting, and monitoring service providers to ensure data protection and cyber resilience
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Emerging Risks – The impact of AI adoption and evolving cyber threats on BVI financial institutions, and regulatory considerations for safe and ethical AI use
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Risk Mitigation Practices – Practical governance, training, and technical measures to reduce exposure, strengthen resilience, and maintain compliance in a digital environment
Presenter
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Rishi Maharaj Chief Executive Officer & Consultant at Privicy Advisory Services |
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Rishi Maharaj is a Caribbean privacy, data protection, and AI governance expert with a track record spanning government, private sector, and international organizations. He has advised on national legislation for Trinidad and Tobago, including the Electronic Transactions, Data Protection, and Freedom of Information Acts, and has worked with the Inter-American Development Bank (IDB) on governance initiatives in Trinidad and Tobago. As Founder and Managing Director of Privicy Advisory Services, Rishi serves as External Group Data Protection Officer for a leading insurance and financial services conglomerate in the Caribbean and has led compliance projects for major Caribbean institutions including NCBJ, and the Guardsman Group. A CIPM, CIPP/E, and certified AI Governance Architect, he specializes in GDPR and Caribbean data protection laws, as well as the development of ethical AI governance programmes. |