VIFISVariable Interference Filter Imaging Spectrometer (remote sensing instrument)
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Virgin Islands Financial Institutions (VIFIs) under the Common Reporting Standards (CRS) and Virgin Islands Constituent Entities (VICEs) for Country by Country Reporting (CBCR) are notified that the BVI Financial Account Reporting System (BVIFARS) is still in the process of being updated.
Nil Reports for CRS the filing deadline is also May 31 for all reporting VIFIs (except reportable accounts for TDTs).
All Non-Reporting Virgin Islands Financial Institutions, enrolling or registering for CRS, the registration period has been extended and a further Press Release shall be issued to inform Non-reporting VIFIs when the system is ready to accept their applications.