Enforcement and Regulatory Developments in the BVI: What Trustees and TCSPs Must Know in 2026

This webinar will focus on enforcement and regulatory developments in the BVI in 2026, highlighting the areas of greatest supervisory concern for trustees and TCSPs. Attendees will gain insight into the Financial Services Commission’s supervision priorities, including sanctions compliance, cross-border cooperation, and the use of fines. The session will examine recent cases and enforcement actions to identify recurring weaknesses and practical lessons for firms. It will also explore governance responsibilities for directors and administrators, with guidance on how to strengthen internal processes to withstand scrutiny. Real-world examples will be used to illustrate how regulatory expectations are applied in practice and how firms can anticipate areas of focus. By the end of the webinar, participants will understand what the FSC expects in 2026 and how to manage enforcement risk proactively.

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

• FSC supervision priorities and trends in 2026

• Cross-border cooperation and sanctions compliance

• Use of fines and enforcement case studies

• Governance responsibilities for directors and administrators

• Practical lessons for managing regulatory risk

Presenter

Iona Wright Partner at Walkers

Iona Wright is based in Walkers' British Virgin Islands office where she is a Partner in the firm's Regulatory & Risk Advisory Group, having joined in 2022. She has over 14 years' experience in advising on financial services regulation, with a particular focus on virtual assets regulation. Her clients include virtual assets service providers, investment banks and brokers, centralised and decentralised exchanges, trust and corporate service providers, custodians, market makers, token issuers, funds and investment managers. Iona has substantial expertise across a wide range of financial services regulatory matters, including all forms of licensing and regulatory perimeter analyses, regulatory corporate transaction assistance, and advising on compliance with the BVI's anti-money laundering, sanctions, beneficial ownership and data protection regimes, along with the BVI's implementation of OECD tax driven initiatives.