Regulatory AlertsBanks and Trust Companies Regulations (Revised 2020)
The Financial Services Commission of the Virgin Islands issues these regulations to standardize the application processes for banking, trust, and related financial services licenses. The document mandates the use of specific approved forms and guidelines for licensing, share transfers, director appointments, and the use of restricted company names. It further outlines procedural requirements for electronic filing, information disclosure, and exemptions from certain particulars for existing licensees.
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