Is it correct that you can submit a deregistration request once the FI has closed all accounts and completed all the required CRS filings? Does this only happen once the FI has been fully dissolved?
A VIFI can only be deregistered if 1) it no longer meets the definition of a VIFI; or 2) it is no longer in existence, for example by liquidation or no longer resident in the Virgin Islands, for example by means of continuation to another jurisdiction, and it has met all reporting obligations for years prior to which it ceased to be a VIFI.