British Virgin Islands supplement May 2009: Sailing through turbulent waters

The BVI is at a turning point. It is facing the prospect of adapting to a sea change in international attitudes towards hedge funds. The vibrant community of small, independent hedge fund administrators is distinctly boutique. Law firms are advising hedge funds trying to solve structural problems.

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Overview of British Virgin Islands Like the hedge fund industry, the British Virgin Islands is at a turning point. With the threat of increased regulation of the industry – and financial services in general – looming, the jurisdiction is facing the challenge with pragmatism. Like other offshore jurisdictions, it is facing the prospect of adapting to a sea change in international attitudes towards the supervision and regulation of hedge funds and financial services in general.

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