BVI Financial Services Commission Introduces Two New Funds Products


With the introduction of the Securities and Investment Business (Incubator and Approved Funds) Regulations, 2015 (the Regulations), the British Virgin Islands Financial Services Commission (the FSC) has introduced two new funds products, the "Incubator Fund" and the "Approved Fund", which will complement the British Virgin Islands' (BVI) current funds offering, by appealing to two traditional sweet spots for the jurisdiction, namely start-up managers and friends and family/ non-institutional offerings.

The introduction of these two new funds products is an exciting development for the BVI's funds industry and one which is universally welcomed by all industry participants.

Key features of the two funds products are as follows:

If you are interested to explore the above, feel free to write to us at info@kensington-trust.com

Date: 19 May 2015