In late September 2020, Premier and Minister of Finance of the British Virgin Islands (BVI) Andrew A. Fahie announced plans to establish a "publicly accessible register of beneficial ownership for companies." From a press release:
— Read the restHonourable Fahie noted that the BVI is honoured to be a premier international finance centre and continues to dutifully embrace the responsibility that comes with this reputation, which is to adhere to global standards in combatting money laundering and countering the financing of terrorism and to avoid the misuse of its companies, products and offerings for the furtherance of illicit or nefarious deeds.
