Law of The British Virgin Islands - Specific Legal Subjects - Commercial Law - Financial Services

Financial Services

A substantial body of British Virgin Islands law is dedicated to the regulation of what are collectively referred to as "financial services". This broadly means offshore business which requires specific regulation. The key statutes dealing with financial services are:

  • Securities and Investment Business Act, 2010
  • Banks and Trust Companies Act, 1990
  • Insurance Act, 2008
  • Company Management Act, 1990
  • Financing and Money Services Act, 2009

Financial services in the British Virgin Islands are regulated by the BVI Financial Services Commission (usually abbreviated to FSC).

Read more about this topic:  Law Of The British Virgin Islands, Specific Legal Subjects, Commercial Law

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