BVI FSC invites comments on amendments to Regulatory Code

Tortola, British Virigin Islands – 7 July, 2010 – As part of its commitment to involve stakeholders in the process for introducing and implementing financial services regulation, the BVI Financial Services Commission (FSC) is inviting comments on the proposed amendments to the Regulatory Code, 2009.

The Regulatory Code, which came into effect on 1 February, 2010, supports and provides detailed explanations on primary financial services legislation.

The FSC strongly encourages practitioners and other industry stakeholders to review, evaluate and comment on the proposed amendments to the Regulatory Code which has been posted in its entirety to the Publications section of the FSC's website www.bvifsc.vg. The consultation period is open until 31 august, 2010; please send comments electronically to consultation@bvifsc.vg

About the British Virgin Islands Financial Services Commission

The BVI Financial Services Commission is an autonomous regulatory agency responsible for the regulation and supervision of financial services conducted in and from within the Territory. The Registry of Corporate Affairs is a division within the BVI Financial Services Commission that administers the BVI Business Companies Act.

For further information, please contact:

Corporate Communications
BVI Financial Services Commission
Pasea Estate, Tortola, British Virgin Islands
Tel: (284) 494-4190
Fax: (284) 494-5016
Email: corpcomm@bvifsc.vg