The Financial Investigation Agency (FIA) has confirmed that, starting 1 January 2026, all BVI reporting entities must file Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs) via the AMLive Portal.
Whilst enforcement has been phased in more slowly than expected, entities are still urged by the FIA to continue to comply without delay.
Reporting entities include license holders regulated by the Financial Services Commission, as well as domestic entities classed as non-financial business institutions.
Key considerations for reporting entities
- Each reporting entity will receive one complimentary AMLive license.
- Additional licenses are available at a one-time fee of US$150 per user.
- Each individual responsible for submitting reports must have their own licence.
AMLive instructions are available on the British Virgin Islands Financial Investigation Agency website.
How We Support Our Clients
Navigating new reporting platforms and managing regulatory transitions can place additional pressure on organisations. Our BVI professionals can assist by:
- Helping clients understand their AMLive obligations and prepare for full adoption
- Supporting the onboarding and set up of AMLive user accounts
- Reviewing internal reporting workflows to ensure they align with FIA expectations
- Providing practical guidance to reduce reporting errors and strengthen compliance controls
For tailored support or to discuss how these requirements apply to your organisation, please contact our BVI team at bvi@tridenttrust.com.