Filing Deadline For BVI Funds And Licensees: 30 June 2014

AUDITED FINANCIAL STATEMENTS FOR FUNDS AND LICENSEES

Pursuant to the Securities and Investment Business Act, 2010 ("SIBA") and the Mutual Funds Regulations, 2010, all British Virgin Islands ("BVI") private, professional and public funds ("Funds") and all BVI investment business licence holders ("Licensees") are required to appoint, and at all times have, an auditor for the purposes of auditing their financial statements.

All Funds and Licensees are required to submit a final copy of their audited financial statements to the BVI Financial Services Commission (the "FSC") within six months of the end of each financial year. Funds and Licensees with a financial year ending on 31 December are therefore required to submit their audited financial statements for the 2013 financial year to the FSC on or before 30 June 2014.