About Vanuatu Financial Services Commission
Explore this Vanuatu Financial Services Commission Web site to find out how we are living our mission and values.
Mission Statement
To effectively and efficiently regulate and supervise Vanuatu’s Finance industry in accordance with government legislation and international standards so that Vanuatu is recognised as having an internationally reputable and commercially attractive Finance Centre.
Who We Are
The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, we were the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management.
Where We Want To Be
In the following few pages we present the broad direction that will be followed by the Commission in the short to medium term. Good planning and organization are essential to the successful operation of any organization. Here, we have set out the Vision, Mission, desired Key Outcomes of the Commission as well as our values and behavior, and our corporate objectives. Our challenge is to develop and implement the appropriate strategies to achieve these goals. We at the Commission know the benefits that a well managed and growing financial services sector can bring to Vanuatu and we are all committed to its implementation.
What We Do
In short the main function of the VFSC is to operate an effective and efficient Registry.In addition, it has been tasked to regulate and supervise the non-deposit taking financial services industry of Vanuatu. This function would include promoting the industry overseas and protecting its reputation from undesirable business persons.