July 23 2018
Five hundred and thirty Suspicious Activity Reports (SAR) were made to the BVI Financial Investigation Agency (FIA) back in 2016. The FIA’s recently-released 2016 annual report said the figure represents a 77 percent increase when compared to the number of suspicious activity reports received in the previous year.
The annual report said most of the SARs were linked to alleged money laundering activities in the British Virgin Islands.