Regulatory Alerts2023-03-21
Financial Investigation Agency (Amendment) Act, 2023
The Legislature of the Virgin Islands enacted this Act to amend the Financial Investigation Agency Act, Revised Edition 2020. The legislation updates the definition of a foreign financial investigation agency and empowers the domestic Agency to act upon written request or on its own volition. It further mandates reciprocal feedback mechanisms regarding the use and usefulness of information exchanged with foreign counterparts.
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