The BVI government has signed a memorandum of understanding with Hong Kong to strengthen financial services cooperation and expand market access for local businesses. The agreement pairs the BVI's Ministry of Financial Services with Hong Kong's Financial Services and the Treasury Bureau.
It aims to support eligible BVI technology businesses, micro, small and medium-sized enterprises, and financial institutions in establishing or expanding operations in Hong Kong. The agreement also promotes cooperation in green and sustainable finance and financial technology, including digital assets and tokens.