2010 British Virgin Islands supplement

Hedge fund ambitions

bvi-ofc

Overview The British Virgin Islands now has a wide-ranging law governing the regulation of all forms of financial and investment business. This could give the jurisidction a significant edge in its quest to attract more hedge funds business to the islands.Regulation Brodrick Penn, director of investment business at the BVI Financial Services Commission, discusses the jurisdiction’s firm and flexible approach to regulation.Fund administration BVI fund administrators have a reputation for