Mutual Funds established as Segregated Portfolio Companies in the British Virgin Islands

Pursuant to the BVI Business Companies Act 2004 and related regulations, the Financial Services Commission in the British Virgin Islands (the FSC) may approve the incorporation of a company, or the registration of an existing company, as a segregated portfolio company (SPC) if the company will be licensed as an insurer under the Insurance Act 2008, as a mutual fund or private investment fund under the Securities and Investment Business Act 2010 (SIBA) or for more general unregulated use under the Segregated Portfolio Companies (BVI Business Company) Regulations 2018. This guide focuses on mutual funds set up as SPCs.