Regulatory Alerts2021-08-12
Limited Partnership (Restricted Limited Partnership Names) Notice, 2021
The Financial Services Commission of the Virgin Islands issued this notice to prohibit the use of specified words, phrases, and abbreviations in limited partnership names without prior regulatory approval. Under the Limited Partnership Act, 2017, the Registrar must refuse registration for any entity incorporating these restricted terms unless the Commission provides explicit written consent. When consent is granted for an abbreviated designation, the approved limited partnership may alternatively use the full name or add optional full-stops to the abbreviation.
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