BVI approved manager regime extended to qualifying funds in recognised jurisdictions
The British Virgin Islands’ (BVI’s) approved manager regime for investment managers and advisers — introduced in December 2012 by the Investment Business (Approved Manager) Regulations 2012 — has had a successful first year, becoming increasingly popular for its straightforward and low-cost application process and ‘lighter-touch’ regulatory requirements. The BVI has now introduced amendments with effect from 2 […]