Following recent revisions of the British Virgin Islands' (BVI) companies and investment funds laws, the BVI has now turned its attention to its trust regime.

The New Fund Regulations are expected to come into force and be available for use imminently.

BVI entity can be either incorporated as a segregated portfolio company or if already incorporated, registered as such by the Registrar.

On 28 December 2018, the British Virgin Islands published The Economic Substance Act, 2018 which came into effect on 1 January 2019 and was further amended on 30 January 2019 (the "Economic Substance Act").

Our investment funds team outline the latest developments within the investment funds market in the British Virgin Islands...

In this series of articles we consider two of the more common requests we see in terms of fund structuring options: Multi-Class Funds, and Hybrid Funds.

HedgeNews Africa sits down with Patrick Colegrave of interna¬tional offshore law firm Harney Westwood & Riegels to discuss the offshore landscape for South African hedge fund managers.

This guide provides a brief overview of the British Virgin Islands (the "BVI") Approved Investment Manager regime1 and its suitability and attractiveness for use with Separately...

On 18 February 2020, the EU recognised the BVI as a fully co-operative tax jurisdiction in line with EU good-governance standards.

The British Virgin Islands ("BVI") remains one of the largest offshore domiciles in the world.

COVID-19 is having a widespread impact on financial markets and the global economy as businesses struggle with the disruption caused.

The draft Economic Substance Code has now been published by the ITA and contains rules and guidance from the ITA with regard to the application of the Economic Substance (Companies and Limited Partnerships) Act 2018.

The British Virgin Islands' inclusion on the EU's anti-money laundering high-risk country list creates specific compliance obligations for BVI funds marketed under AIFMD, while having limited broader impact on BVI vehicles.

Approved investment managers (Approved Managers) are approved by the BVI Financial Services Commission under the Investment Business (Approved Manager) Regulations 2012 (as amended) (the Regulations).

One of the tired narratives that you regularly hear when discussing sport is why people who throw/kick/catch a ball for a living deserve to be paid such ridiculous sums of money.

In response to the requirements of the EU Code of Conduct Group, the British Virgin Islands has enacted new legislation setting out an economic substance test for tax-resident entities.

An assessment of the projected impact of the AIFMD in the British Virgin Islands.

With the enactment of the Securities and Investment Business Act, 2019, the British Virgin Islands has for the first time introduced a regulatory regime to regulate close-ended funds.

The government of the British Virgin Islands has recently published The Securities and Investment Business (Incubator and Approved Funds) Regulations 2015 providing for the approval of two new types of investment fund in the jurisdiction, namely the incubator fund and the approved fund.

A segregated portfolio company (SPC) or protected cell company (PCC), as it is known in some jurisdictions, is a single legal entity, but the company is made up of individual "protected cells". It has a "core" capital (the ordinary share capital provided by the owners) but in addition each cell has its own capital (usually redeemable preference shares), provided by the client using that cell. Each cell is completely separate from each other but linked to the common core