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BVI FSC invites comments on Public Funds Code

Tortola, British Virgin Islands – 10 June, 2010 – the BVI Financial Services Commission (FSC) is seeking industry input on the proposed Public Funds Code which is being drafted pursuant to section 63(1) of the Securities and Investment Business Act, 2010 (SIBA). The FSC is committed to facilitating private sector input as a critical component of ensuring a sound regulatory approach to meet the changing demands of the financial services sector.