Vistra Insights

Webinar: Is your BVI entity a ‘Private Investment Fund’?

As of 1 January 2020, all British Virgin Islands (BVI) legal entities currently operating as traditional closed-ended fund structures (defined as ‘Private Investment Funds’) are now subject to regulation, pursuant to the provisions of the BVI Securities Investment Business (Amendment) Act, 2019 (the ‘Amendment Act’).

This means that some entities incorporated, registered or formed in the BVI may have to meet certain regulatory obligations and thresholds in order to continue operating as a Private Investment Fund.

  • What do BVI entities, including business companies, limited partnerships, need to know about the Amendment Act?
  • What are the next steps that clients should take to ensure compliance?
  • What are the future regulatory obligations?

In our upcoming webinar, Vistra’s in-house corporate, fund, compliance and legal experts will provide an overview of the BVI’s new fund regulations and their implications for clients. Topics include, but are not limited to, the following:

  • Background and regulatory overview
  • Criteria for entities falling within scope of the Amendment Act
  • Ongoing regulatory obligations for entities deemed to fall within the defined scope of the Amendment Act
  • Vistra solutions to help clients ensure immediate and ongoing regulatory compliance

We will be hosting this webinar from 4 – 5 pm (Hong Kong Time) on Friday, 24 April 2020.

 

Register Now

 

 

Stay in the Know with Our Latest Thinking

More Insights