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Our Vision

To make Vanuatu’s financial centre internationally recognised as a well regulated financial centre and a preferred jurisdiction in which to do business.

Our Mission

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 commerically attractive financial centre.

The principal duty of the Commission is to, so far as practicable, to carry out and discharge its functions and duties under the Vanuatu Financial Services Act [CAP 229] (VFSC Act) or any other Act [subsection 7(1) of the VFSC Act]. The Commission is also responsible for the general administration of the legislation specified in Schedule 1 of the VFSC Act.

The following duties, in addition to its principal duty, of the Commission are contained in subsection 7(2) of the VFSC Act:

  • To see, through the provision of effective services for the supervision of financial business, to protect the public in Vanuatu and elsewhere against financial loss arising out of financial dishonesty, incompetence or malpractice on the part of persons engaged in financial business in or from within Vanuatu;
  • To protect and enhance the reputation of Vanuatu as a centre for the carrying on of financial business and to develop Vanuatu as such a centre;
  • To be responsible for the general administration of and for the collection of fees, charges and other revenue due under the Acts specified in Schedule 1 to the Act;
  • To act internationally as the national authority or representative of Vanutu in respect of matters relating to the supervision and regulation of financial business;
  • To provide advice and assistance to the Government and in particular to prepare and submit to the Government reports and make recommendations on the regulation of financial business and on legislation relating to financial business or to persons, companies and other undertakings engaged in financial business in or from within Vanuatu; and
  • To assist and advise the Government on matters relating to any Act or Regulation directly or indirectly relevant to financial business.

We have a constructive working relationship with the Financial Centre Association of Vanuatu that is reflected in the way we consult the Association on necessary changes, and the way we fairly and efficiently regulate Vanuatu’s financial centre.

Our Values and Behaviours

  • We have a strong respect for lawful authority.
  • We are honest in all our dealings and declare any conflicts of interest.
  • We respect the confidentiality of colleagues and clients.
  • We respect and value others’ views, even though we may not share them.
  • We make decisions without bias and based on legislative and other government requirements.
  • We treat each other fairly and do not discriminate on the basis of gender, religion, nationality, island, disability, age, or language.
  • We are hard working, committed, and dedicated.
  • We seek to work together as a team, valuing the importance of the work that we all do.
  • We are accountable for our own performance and strive to meet performance expectations.
  • We are professional in our approach and seek to improve our knowledge and understanding of our work.