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Securities and Investment Business Act, 2010 - Q&A

1 December 2010

The British Virgin Islands ("BVI") Securities and Investment Business Act, 2010 ("SIBA") which passed into law effective 17 May 2010, has replaced the Mutual Funds Act, 1996 as the principal legislation governing the regulation of mutual funds and investment business in the BVI.

The attached update clarifies some common questions regarding SIBA.


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