Regulatory AlertsFinancial Services Appeal Board Act (Revised 2020)
The Government of The Virgin Islands enacted this Act to establish an independent Financial Services Appeal Board to hear appeals against decisions of the Financial Services Commission. The legislation defines the Board's composition, appointment procedures, and strict conflict of interest requirements to ensure impartial adjudication of financial services disputes. It further outlines the procedural framework for filing appeals, including time limits, evidentiary standards, and the Board's authority to affirm, vary, or set aside Commission decisions.
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