Guide: BVI Approved Managers

This guide provides a brief overview of the Approved Investment Manager regime established under the Investment Business (Approved Managers) Regulations (the "Approved Manager Regulations") enacted under the Securities and Investment Business Act (the "SIBA") of the British Virgin Islands (the "BVI").

Attractiveness of the BVI Approved Investment Manager Regime

A BVI Approved Investment Manager ("Approved Manager") is a regulatory-light offshore investment management vehicle. They can be established very quickly and are inexpensive to set up and operate. They are regulated by the BVI Financial Services Commission (the "BVI FSC") but are subject to only moderate levels of regulation (befitting smaller and start-up managers).