Regulatory AlertsVirgin Islands Regulatory Code (Revised 2020)
The Financial Services Commission of the British Virgin Islands issued this Regulatory Code to establish detailed legal requirements for the supervision of financial services businesses. The document mandates general obligations for all licensees, including licensing, fit and proper criteria, corporate governance, compliance, and risk management. It further imposes sector-specific capital, solvency, and conduct standards on banks, insurers, trust companies, money service providers, and investment business operators.
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