Daw Global Weekly Company Brief: Week Commencing: 23 March 2026

This weekly brief has been written by our Banking and Finance Partners, Daw Global.

This week’s Company Brief focuses on the following three topics:

1. Republic of Cyprus (Cyprus)
2. British Virgin Islands (BVI) Financial Services Commission (FSC) Licence
3. Business-to-Business (B2B) Advisory Infrastructure in iGaming

Cyprus: Insights by Martin Van Lessen – Strategic Partner

Cyprus has become one of our largest markets due to its structured environment, which is designed to support industries operating within regulated, licence-driven and higher-risk sectors.

The regulatory framework combines European Union (EU) legitimacy with a practical approach that accommodates industries such as gambling, broker-dealers and digital assets. These sectors require regulatory clarity, supported by supervision that understands operational realities, alongside infrastructure capable of sustaining complex financial activity without disruption.

Cyprus has a long history of supporting cross-border trading activity, investment firms and high-risk financial models. This results in oversight that is consistent and grounded in day-to-day operations, providing stability for firms managing detailed compliance requirements, continuous fund movement and multi-regional operations.

The jurisdiction also benefits from EU passporting rights and a well-established licensing environment, making it a strong option for firms operating across multiple regulatory frameworks. Corporate tax rates in Cyprus are among the most competitive in the EU at 15%, supporting businesses managing sustained global transactional flows.

Its licensing environment and familiarity with digital industries align closely with our focus on providing international bank accounts, banking infrastructure and support for clients operating in high-risk sectors under international licensing regimes.

BVI FSC Licence: Insights by Richard Picton-Turbervill – Co-Founder & Director

The BVI Financial Services Commission (FSC) provides a recognised regulatory framework that enables brokers to offer trading services, including forex and Contracts for Difference (CFDs), as well as broader investment services to clients globally.

A BVI FSC licence allows companies to conduct leveraged trading, alongside advisory or dealing services on both an agency and principal basis. This enables firms to access global markets while meeting FSC requirements on governance, Anti-Money Laundering (AML) and reporting obligations.

Although the BVI is classified as an offshore jurisdiction, its licensing regime includes annual audits and clearly defined compliance requirements. These measures help brokers build credibility with international counterparties and institutional partners.

The framework offers regulatory flexibility combined with internationally recognised oversight, making it a popular choice for financial services firms managing cross-border trading flows and multi-jurisdictional client bases.

These firms typically manage continuous settlement cycles and diverse transactional patterns. As their international banking partner, we support their B2B relationships and payment flows, Consumer-to-Business (C2B) funding activity, and Business-to-Consumer (B2C) withdrawal flows without compromising transparency or speed.

This alignment between the operational demands of BVI-licensed brokers and the financial infrastructure we provide makes our support a natural fit for firms operating under this licence.

B2B Advisory Infrastructure in iGaming: Insights by Euan Maskell – Co-Founder & Director

Companies specialising in B2B services within iGaming act as a central hub between technology suppliers and operators. They support businesses in sourcing verified products, navigating regulatory and licensing requirements, managing commercial partnerships, and accessing essential services such as banking, payments, data, identity verification and other operational tools.

Operators rely on these companies because the sector requires constant navigation of licensing rules, technical standards, responsible gaming requirements, fraud prevention measures, and increasingly sophisticated payment and onboarding processes.

B2B specialists reduce operational pressure by providing focused guidance and practical industry support, enabling operators to move faster and make decisions with greater confidence.

Their real value lies in the stability and predictability they bring to a fast-moving and highly scrutinised industry. Rather than reacting independently to every regulatory or operational change, operators can rely on partners who continuously track developments and translate them into clear, actionable steps.

This approach helps operators avoid disruption, maintain consistency and adapt effectively as market conditions evolve. Over time, B2B advisory providers have become a stabilising force within the industry, enabling operators to grow with confidence and remain resilient.