
What are the activities defined in the BVI Economic Substantive Act?
What are the activities defined in the BVI Economic Substantive Act? And so on, under a comprehensive and simple analysis, the so-called related activities are the company to do business, in which the pecuniational benefits obtained are how to get, will it involve irregular business practices?
This time I would like to explain first that banking refers to (1) involves raising funds to manage risk (including credit, currency and interest rate risk); (2) To explore hedging positions – a popular term used in the financial and business sectors to carry out multiple market-related, opposite-directional and comparable transactions at the same time, in order to achieve profit and loss offset or reduce risk of action or strategy; (3) providing loans, credit or other financial services to customers; (4) Managing regulatory capital; Prepare regulatory reports and returns.