British Virgin Islands Trustee Ordinance - Schedule - british virgin islands trustees

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british virgin islands trustees - British Virgin Islands Trustee Ordinance


The British Virgin Islands remains the jurisdiction of choice for clients who wish to use offshore companies or trusts. The Territory prides itself on having robust anti-money laundering procedures and a regulatory regime that encourages the incorporation of companies or the establishment of trusts that protect the wealth of clients from around the world. British Virgin Islands TRUSTEE ORDINANCE, 1961. As Amended by The Trustee (Amendment) Act,1993. VIRGIN ISLANDS. TRUSTEE ORDINANCE. ARRANGEMENT OF SECTIONS.

About Us. The December 2001 enactment of the Financial Services Commission Act, 2001 established the British Virgin Islands Financial Services Commission as an autonomous regulatory authority responsible for the regulation, supervision and inspection of . British Virgin Islands. Trustee Act 1961. ARRANGEMENT OF SECTIONS. PART I. PRELIMINARY. 1.Short title. 2.Interpretation. PART II. INVESTMENTS. GENERAL POWERS OF TRUSTEES AND PERSONAL REPRESENTATIVES. GENERAL POWERS. 11.Power of trustees for sale to sell by auction or private contract.

British Virgin Islands TRUSTEE ORDINANCE, 1961 SCHEDULE. 1. (1) The Trustees shall stand possessed of any real property from time to time comprised in the Trust Fund Upon Trust to sell the same with power to postpone the sale thereof or of any part thereof for such period as they shall in their absolute discretion think fit and shall stand possessed of all other investments comprised in the. Sep 09, 2011 · An administrative penalty in the amount of $3,000.00 was imposed on Osiris International Trustees Limited for its contravention of section 18(1) of the Banks and Trust Companies Act, 1990 by failing to seek the prior written approval of the Commission for the incorporation of a subsidiary. British Virgin Islands. T: (284) 494-1324 or (284.

formation of trusts in the British Virgin Islands û BVI. It is not intended to be exhaustive nor a substitute for proper legal advice but provides a basic guide to the trust concept and an outline of trust law and trust administration in the BVI for clients of Conyers Dill & Pearman. British Virgin Islands offshore trust services, BVI trust management, BVI offshore trust company, trust formation bvi, private trust companies, trust services and administration, trustee management.