British Virgin Islands audit sector receives boost

British Virgin Islands Supplement October 2010: Hedge fund ambitions

bvi-flowers

The news that Ernst & Young plans to open an office in the British Virgin Islands (BVI) is a fillip for the jurisdiction which is striving to attract internationally recognised hedge fund service providers.

A spokesperson for Ernst & Young confirmed the plans to establish an office in the BVI but declined to provide any further details as the project is still in its early stages.

Sources in the BVI said Ernst & Young had cleared all administrative hurdles and could begin operations in the jurisdic

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