Regulatory compliance: from obligation to strategic pillar of sustainability
Our partner Carolina Arias and our Compliance Manager Evelyn Moreno participated, representing ALFARO, FERRER & RAMIREZ (BVI) LIMITED, in the recent Meet the Regulator forum: “From Policy to Practice”, organized by the BVI Financial Services Commission (FSC) in Panama City.
During this meeting, we maintained a direct and constructive dialogue with the regulator on issues critical to current corporate governance, including:
- Beneficial Ownership (Beneficial Owners).
- Mutual Evaluation (Peer Evaluation).
- Risk-Based Supervision Risk-Based Supervision.
- Economic Substance System Reboot (Economic Substance).
This forum reaffirms a reality that we defend at AFRA: regulatory compliance is no longer just a regulatory requirement, but a fundamental pillar of corporate sustainability and the protection of our clients' reputation.
We deeply appreciate the BVI Financial Services Commission and the BVI International Tax Authority for their openness and ongoing commitment to strengthening the international regulatory framework.
At AFRA, we continue to promote a strong compliance culture based on integrity, effective risk management, and best global practices.
Do you need to ensure that your company's governance complies with the latest BVI standards?