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.

Friday, October 27, 2017

BVI FSC Announced Appointment of New Asia Representative


The British Virgin Islands Financial Services Commission has issued press release where announced the appointment of Mr. Burton Chalwell who will replace Mr. Leon Wheatley as the new Asia Representative of the Commission. Mr. Wheatley will return to the BVI headquarters of the BVI FSC and serve as a Deputy Director with supervision of the Compliance Inspection Unit.

The appointment of Mr. Chalwell was effective 9 October 2017, and previous representative is expected to assume his new post on 13 November 2017. In the role of Asia Rep at BVI FSC (HK) Ltd., Mr. Chalwell’s duty will be managing the delivery of services offered from the Commission’s office at BVI House Asia, and the Asia Pacific liaison for BVI Financial Services licensees and regulators with a presence in the region

Robert Mathavious, Managing Director and Chief Executive Officer of the Commission, commented on the appointment, saying: “Asia continues to be a key market for the British Virgin Islands and we are very pleased with the talent that the Commission has in the region and the services and expertise we can provide in Asia. We are confident that Mr. Chalwell will be an excellent addition to the team. We are also very excited that Mr. Wheatley will be coming back to Commission headquarters after a very successful stint in Asia and look forward to his continued service to the Commission and the industry.”

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