Regulatory Alerts2011-09-28
BVI Business Companies (Restricted Company Names) Notice, 2011
The Financial Services Commission of the British Virgin Islands issued this statutory instrument to restrict the use of specific words and phrases in company names under the BVI Business Companies Act, 2004. The Notice prohibits the Registrar from registering any company containing listed restricted terms unless the Commission provides prior written consent for their use. The Schedule enumerates these prohibited terms, which include financial and governmental designations such as 'Bank', 'Trust', 'Insurance', and 'Royal', along with their derivatives and abbreviations.
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