British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Sunday, January 24, 2016

BVI FSC Announces New Appointments


The BVI Financial Services Commission has issued press release where announced several additions to its management team and changes to Commission staff.

Stephen Grayson has been appointed the new Deputy Director, Legal, and will serve in this post for 3 years. Mr. Grayson will be focused on providing advice to the Commission on financial services legislation and related matters and providing leadership to and ensuring the overall development of the Commission’s in-house legal team. Before joining the BVI FSC team, he was Regulatory Lawyer/Investigator in the Financial Conduct Authority (UK).

Simon Gray has become Special Advisor responsible for Regulatory Training and Development. He is a financial services and risk management professional having previously worked as Director, Supervision and Head of Islamic Finance at the Dubai Financial Services Authority.

Ms. Simone Martin has been appointed the Acting Director of Insurance. Mr. Leon Wheatley will take the post of Asia Representative and move to the Hong Kong Office of the Commission at BVI House Asia. He will serve as Asia Representative until July 2017.

Other appointments include Ms. Yolanda McCoy as the Acting Deputy Director, Fiduciary Services, and Mr. Burton Chalwell as the Acting Deputy Director, Compliance Inspection.

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