Regulatory Alerts2024-12-27
Notice: Securities and Investment Business (Amendment of Schedule 1) Order 2024
The Minister of Financial Services, Economic Development and Digital Transformation for the Virgin Islands, Natalio D. Wheatley, issued a Notice declaring the effective date for the Securities and Investment Business (Amendment of Schedule 1) Order, 2024. This Notice appoints January 2, 2025, as the date on which the Securities and Investment Business (Amendment of Schedule 1) Order, 2024 (S.I. No. 42 of 2024) shall come into force. This action is taken under section 1(2) of the principal Order, which grants the Minister authority to appoint its commencement date by Notice published in the Gazette.
VIRGIN ISLANDS STATUTORY INSTRUMENT 2024 NO. 77 SECURITIES AND INVESTMENT BUSINESS (AMENDMENT OF SCHEDULE 1) ORDER, 2024 (S.I. NO. 42 of 2024) A NOTICE MADE BY THE MINISTER OF FINANCIAL SERVICES, ECONOMIC DEVELOPMENT AND DIGITAL TRANSFORMATION UNDER SECTION 1(2) OF THE SECURITIES AND INVESTMENT BUSINESS (AMENDMENT OF SCHEDULE 1) ORDER, 2024 DECLARING THE DATE ON WHICH THE SAID ORDER SHALL COME INTO FORCE [Gazetted 27th December, 2024] WHEREAS it is provided by section 1(2) of the Securities and Investment Business (Amendment of Schedule 1) Order, 2024 (S.I. No. 42 of 2024) that the said Order shall come into force on such date as the Minister may, by Notice published in the Gazette, appoint; NOW THEREFORE, in exercise of the powers vested in me, I hereby appoint the 2 nd day of January, 2025 to be the date on which the Securities and Investment Business (Amendment of Schedule 1) Order, 2024 shall come into force. Made by the Minister this 19th day of December, 2024. (Sgd.) Natalio D. Wheatley, Minister of Financial Services, Economic Development and Digital Transformation.