Regulatory Alerts2020-04-14
Financial Services (Exceptional Circumstances) Order, 2020
The Minister of Finance of the Virgin Islands issued this Order to declare the COVID-19 pandemic an exceptional circumstance requiring special measures for financial services administration. The Order applies specific provisions of the Financial Services (Exceptional Circumstances) Act, 2020 to all licensees and persons subject to financial services legislation. It remains in force from March 30, 2020, until April 30, 2020, while ensuring the Financial Services Complaints Tribunal continues its functions beyond the Order's expiry.
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