Legislative Framework
•
The Virgin Islands has a robust legislative regime which
essentially aims to criminalise ML,TF and establish a
comprehensive and multi-faceted international co-
operation framework to combat cross-border crime
•
Assessed by independent international standard setting
organisations (IMF and CFATF) as “robust” and
“excellent in all areas”
•
Combines Principal Legislation (i.e. Act of Legislature
etc.) with Subsidiary Legislation (i.e. Regulations,
Codes, Orders etc.)