Industry Circular No. 12 of 2020 - Financial Services (Exceptional Circumstances) Act, 2020

Financial Services (Exceptional Circumstances) Act, 2020 – No. 4 of 2020

Tortola, British Virgin Islands – 8 April 2020.  The Financial Services (Exceptional Circumstances) Act, 2020 (“the Act”), was brought into force on 28 March 2020 and gazetted, 02 April 2020, respectively. The Act includes a structure that allows for stability of financial services operations, conducted in and from the Territory during extraordinary situations. Provisions of the Act comes into force by an Order which is to be issued by the Minister of Finance. 

View the full text of the Financial Services (Exceptional Circumstances) Act, 2020 – No. 4 of 2020 here on our website.