A History of the International Banking Regulatory Act
Act No. 7390, an act amending Title 9 Virgin Islands Code, adding chapter 25, “The International Banking Regulatory Act”, and repealing Chapter 21 of Title 9 was signed into law on September 11, 2012. In an effort to facilitate the implementation of this Act, the Lieutenant Governor and the Director of Banking and Insurance has created the Proposed Rules to clarify, construe and interpret the law.
