Securities and Investment Business (Incubator and Approved Funds) Regulations 2015
Through the recently published Securities and Investment Business (Incubator and Approved Funds) Regulations 2015 (the “Regulations”), the British Virgin Islands Financial Services Commission (“FSC”) has introduced two new regulated open ended fund products being the Incubator Fund and the Approved Fund. The Regulations came into force on 1 June 2015 and are designed to complement…