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ARTICLE · 01 DECEMBER 1998

Press Release - "Anguilla's Commercial Online Registration Network Goes Live"

AnguillaEnvironment

By John D.K.Lawrence, Director of Financial Services

Anguilla's Commercial Online Registration Network, the ACORN system, went live on 16TH November 1998. In line with a programme of phased implementation, licensed company managers and trust companies in Anguilla will now be able to incorporate electronically International Business Companies (IBC's). In addition users of the system will be able to transact all other registry activities and submit all other documents electronically, which the IBC legislation either requires or allows.

The ACORN system is an electronic Companies Registry system and details of the system are attached to this press release.

The phased implementation will cover:

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