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ARTICLE · 25 NOVEMBER 2015

BVI Business Companies (Amendment) Act, 2015

The BVI Business Companies (Amendment) Act, 2015 (the Amending Act), which was gazetted on 12 November 2015 in the Official Gazette of the British Virgin Islands (BVI)...

British Virgin IslandsWealth Management

The BVI Business Companies (Amendment) Act, 2015 (the Amending Act), which was gazetted on 12 November 2015 in the Official Gazette of the British Virgin Islands (BVI), introduces amendments which demonstrate both the BVI Government's commitment to continuous review, reform and modernisation of its flagship statute the BVI Business Companies Act, 2004 (the BCA), and its continued commitment to international standards on anti-money laundering and combating the financing of terrorism. The Amending Act is complimented by related amendments to the BVI Business Companies Regulations, 2012.

Ogier in the BVI has been very closely involved in the discussion and consultation phase in relation to the Amending Act.

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