What they say about BVI

British Virgin Islands supplement May 2009: Sailing through turbulent waters


Mara Alido Spencer, managing director, ACE Fund Services

The British Virgin Islands (BVI) is an attractive jurisdiction for hedge funds, according to Mara Alido Spencer (above). The legislative framework in the BVI is modern and internationally recognised. The authorities have successfully created a framework that is stringent in terms of anti-money laundering and know-your-customer requirements, she says.

The BVI offers an appropriate level of regulation for private and professional funds

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