BVI Approved Manager Regime – Streamlined for
Success
The British Virgin Islands is recognised as a well-established
and innovative fund domicile, ideally suited to attract new or
start-up investment fund managers. Key initiatives on this front,
implemented by the Financial Services Commission ("FSC"),
have been instrumental including the Approved Manager regime, which
reduces the costly and complex regulatory burden on global asset
managers looking to launch funds in the BVI.
Establish New Funds Faster
Alongside the more recent addition of the Incubator and Approved
Fund vehicles to the BVI's suite of products, the BVI's
Approved Manager regime makes it easier for small and medium sized
hedge fund groups to establish a manager. Upon approval by the FSC,
managers that meet the criteria are able to manage funds faster and
at lower cost than would otherwise be possible.
