X

In the News!

Public Notice – FIA’s Power To Impose Fines

posted on

The Financial Investigation Agency (“FIA”) is hereby notifying the public that based on section 5K of the Financial Investigation Agency Act, 2003, as amended by the Financial Investigation Agency (Amendment) Act, 2021 (‘the Act’), the FIA can now impose fines for the commission of any offence that prescribes a fine under the Act, including failure to comply with a request to produce documents within the specified time period of five working days.

All are asked to take note and be guided accordingly.

| Return


Any person that fails or refuses to provide information to the Agency that it considers relevant to the performance of its functions commits an offence and is liable on summary conviction to a fine not exceeding twenty thousand dollars or to imprisonment for a term not exceeding two years or to both.

Contact Us

If you have any questions, feel free to contact us.

Address :

PO Box 4090
Road Town, Tortola VG1110
BRITISH VIRGIN ISLANDS

Phone : (284) 494-1335

Fax: (284) 494-1435

Email : [email protected]

Email Us