British Virgin Islands Securities And Investment Business Act And Related Legislation

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The BVI Securities and Investment Business Act contains a consolidated version of the British Virgin Islands Securities and Investment Business Act, 2010 as amended.

The BVI Securities and Investment Business Act contains a consolidated version of the British Virgin Islands Securities and Investment Business Act, 2010 as amended.

The most recent legislative amendment to this compendium includes:

• amendments to the Securities and Investment Business Act, Revised Edition 2020 made by the Securities and Investment Business (Amendment) Act, 2023, in force 22 March 2023,
• amendments to the Schedule to the Financial Services (Fees) Regulations, Revised Edition 2020 (select SIBA fees) made by the Financial Services (Fees) (Amendment) Regulations, 2023, in force 1 April 2023

Prior legislative updates include:

• takes into account changes and updates to the legislation as set out in the recent revisions
• an amendment made by Regulation 2(a) of the Financial Services (Fees) (Amendment) Regulations, 2020 to the Schedule to the Financial Services (Fees) Regulations, 2010, in force 1 July 2020
• the Public Funds (Amendment) Code, 2020 which amended section 15 of the Code, in force 31 December 2019
• amendments made by the Securities and Investment Business (Amendment) Act, 2019, in force 31 December 2019; except for section 3, which inserted section 14A, in force on 1 July 2020

Other legislative updates in force 31 December 2019 include:

• the Financial Services (Fees) (Amendment) Regulations, 2019.
• the Financial Services (Miscellaneous Exemptions) (Amendment) Regulations, 2019.
• the Mutual Funds (Foreign Funds) Regulations, 2019.
• the Mutual Funds (Amendment) Regulations, 2019.
• the Private Investment Funds Regulations, 2019.
• the Securities and Investment Business (Incubator and Approved Funds) (Amendment) Regulations, 2019.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.