BVI Introduces Opt-In Regime for AIFMD Compliance

BVI, a key international domicile for investment funds, has introduced new regulations (the “AIFMD Regulations”) under its Securities and Investment Business Act, 2010 (“SIBA”). The purpose is to position BVI to receive a favourable assessment from ESMA, when it advises the European Commission on whether the AIFMD passport may be extended to BVI.

 

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