Regulatory Alerts2026-02-06
Reserve Bank of Fiji (Budget Amendment) Act 2025
The Parliament of the Republic of Fiji enacted the Reserve Bank of Fiji (Budget Amendment) Act 2025 to amend the Reserve Bank of Fiji Act 1983. The legislation introduces statutory definitions for virtual assets and virtual asset service providers while prohibiting any person from carrying on or marketing such business within Fiji. Violations of these prohibitions constitute an offence punishable by a fine of up to $1,000,000 or imprisonment for up to 14 years.
Share