British Virgin Islands [electronic resource] : Financial Sector Assessment Program Update Documentation: Technical Note on Mutual Fund Regulation.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 10/325Publication details: Washington, D.C. : International Monetary Fund, 2010Description: 1 online resource (15 p.)ISBN: 1455208760 :ISSN: 1934-7685Subject(s): IOSCO Principles | Market Participants | Mutual Fund | Mutual Funds | Risk Management | British Virgin Islands | Virgin IslandsAdditional physical formats: Print Version:: British Virgin Islands : Financial Sector Assessment Program Update Documentation: Technical Note on Mutual Fund RegulationOnline resources: IMF e-Library | IMF Book Store Abstract: In a previous assessment, it was concluded that the British Virgin Islands (BVI) regulatory system governing securities markets functioned well overall, but required improvement in certain areas. Those areas are implemented with regulatory code, Securities and Investment Business Act (SIBA), related regulations, and the public funds code. The standards and eligibility of those who wish to manage or administer a mutual fund are determined by the Financial Services Commission (FSC) under the authority granted by statute. A mutual fund can be organized as a corporation, unit trust, or partnership.
In a previous assessment, it was concluded that the British Virgin Islands (BVI) regulatory system governing securities markets functioned well overall, but required improvement in certain areas. Those areas are implemented with regulatory code, Securities and Investment Business Act (SIBA), related regulations, and the public funds code. The standards and eligibility of those who wish to manage or administer a mutual fund are determined by the Financial Services Commission (FSC) under the authority granted by statute. A mutual fund can be organized as a corporation, unit trust, or partnership.
Description based on print version record.
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