The British Virgin Islands And AIFMD: Ready For Business

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 fl exible 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, eff ect the AIFMD will have on their structures as well as their ability to market within the European Union (EU).

Harneys off ers this article as guidance on the British Virgin Islands' perspective and to assist with a careful assessment of the projected impact of the AIFMD.