The British Virgin Islands (BVI) is the world's second
largest domicile of offshore investment funds and a leading
international finance jurisdiction known for effective regulation
and products which are flexible and relevant.
With the Phase II implementation date of the Alternative
Investment Fund Managers Directive (AIFMD) fast approaching this
month, interest in the AIFMD is as high as ever as investment fund
managers seek to determine what, if any, effect the AIFMD will have
on their structures as well as their ability to market within the
European Union (EU).
Harneys offers this article as guidance on the British Virgin
Islands' perspective and to assist with a careful assessment of
the projected impact of the AIFMD.