Regulatory Alerts2025-02-04
Financial Services (Exceptional Circumstances) (Amendment) Act, 2025
The Legislature of the Virgin Islands enacted the Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 to amend the principal Act of 2020. This legislation repeals sections 5 through 8 of the principal Act and removes the heading titled Administration. Additionally, it amends section 2 by deleting definitions for the Board, Chairman, EC, LSC, and Managing Director.
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