BVI proposed legislation to criminalize data leaks

BVI proposed legislation to criminalize data leaks

The British Virgin Islands proposed new legislation seeks to penalize for data leaks in the financial services industry, but may also deter individuals who leak secret data and media houses who publish those leaks from divulging certain types of information.

The new legislation follows a year of revelations based on secret BVI information that was leaked to International Consortium of Investigative Journalists (ICIJ).

Computer Misuse and Cybercrime Act 2014 has been tabled by Premier and Minister of Finance, Hon. Dr. D. Orlando Smith, and proposes stiff penalties ranging from imprisonment up to 20 years to a fine not exciting $1 million.

It is proposed that once enacted, the law will cover information divulged prior to its enactment and commencement. The Bill still has to be debated by legislators before it can be passed.

© 1997—2014 DS Express, Inc

84, Spyrou Kyprianou, 

2nd floor, Limassol 4004


tel +357 25 731-042


11 Solzhenitsyna Street

Moscow 109004 Russia

tel +7 495 956-1727

fax +7 495 234-0735

15 Kreshchatik Street, office 149

Kyiv 01001 Ukraine

tel +38 044 237-2222

fax +38 044 278-6714


52 Angliyskaya Emb., office 28

St.Petersburg 190000 Russia

tel +7 812 570-1564

fax +7 812 325-723

More contact details and office maps can be found in the section Contacts

© 2015 DS Express Ltd  All rights reserved