The British Virgin Islands Financial Services Commission (BVIFSC) will be transitioning to a new internet-based information system featuring the electronic filing of documents.
The new Virtual Integrated Registry and Regulatory General Information Network (VIRRGIN) will present industry practitioners with a thorough electronic mechanism for handling, processing and receiving feedback on critical documents filed with the Registry of Corporate Affairs. It also presents a quantum leap in the delivery of services provided by the Registry and will make the processing of Registry documents more efficient, user friendly and fully electronic. The BVIFSC is constantly seeking ways to better serve the industry and this new system is just another example of this vigilance.
The launch of the new system will take place in several phases. The first phase of the system will be delivered to the industry on 12 December 2006 for services provided by the Registry. In preparation for this transition, access to the Registry’s current on-line system will be permanently disabled at 3:00 pm on 8 December 2006. The Registry will also strictly enforce the 3:00 pm cut-off time for the filing of documents at its office on 8 December 2006.
The new electronic system requires minimal end user computer resources and will work with most standardized office computers. The system will be subscription based and use will be complementary through 28 February 2007.