The Vanuatu Financial Services Commission (VFSC) is the primary regulatory body overseeing financial services in Vanuatu. Established in 1993 to maintain the integrity and stability of Vanuatu’s financial sector, the VFSC is responsible for the licensing, supervision, and regulation of financial institutions and service providers operating within the country.
Key Functions and Responsibilities
- Regulatory Supervision: The VFSC supervises a wide range of financial services, including banking, insurance, securities, and investment management. It ensures that these entities comply with Vanuatu’s financial laws and regulations.
- Consumer Protection: The VFSC works to protect consumers by enforcing standards that promote transparency, accountability, and fairness in the financial services offered in Vanuatu.
- Market Integrity: The commission is committed to maintaining the integrity of the financial markets in Vanuatu, focusing on preventing financial crimes such as money laundering and fraud.
