Compliance & Anti-Money Laundering

Hudson James Investment Management has strict guidelines for compliance and has a comprehensive business continuity that it adheres to.

Anti-money laundering is taken seriously in our 71 page business compliance manual available on request. Hudson James Investment Management will report any suspicious activity to the relevant authorities in the BVI.

Hudson James Investment Management will work with the financial investigation agencies in BVI should there be any strange activity tied to money laundering, terrorisism, drug trafficking or fraud.

The Company is subject to both regulatory obligations and anti-money laundering (AML) obligations in the British Virgin Islands (BVI). The compliance function with respect to regulatory obligations is overseen by the Company’s Compliance Officer, while the compliance function in relation to AML obligations is overseen by the Company’s Money Laundering Reporting Officer (MLRO) as provided by applicable AML law, rules and regulation.

This Compliance Manual is prepared in accordance with the BVI Regulatory Code, 2009 (the Regulatory Code) and deals with regulatory obligations of the Company. Hudson James Investment Management's Compliance Manual is prepared principally in accordance with the following legislation and guidance:

• The Regulatory Code, 2009, specifically, Division 4, Part II;

• The Anti-Money Laundering and Terrorist Financing Code of Practice, 2008 (AMLTFCP);

• The Anti-money Laundering and Terrorist Financing (Amendment) (No 2) Code of Practice 2012;

• The Anti-Money Laundering Regulations, 2008 (AML Regs); 

• The Guidelines on the Approved Persons Regime, 2010, specifically Appendix A;

• The Proceeds of Criminal Conduct (Amendment) Act, 2012;

• The BVI Business Companies Regulations 2012; and

• The Bribery Act 2010

Data is also protected under the BVI Computer Misuse and Cybercrime Act signed in February 2014.

You can read more about BVI compliance here.