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Qualifying Recognised Overseas Pension Schemes enable individuals who have left the UK to transfer their UK pension benefits into a more flexible and often lower tax regime.

The Insolvency Act 2003 of the British Virgin Islands (the "IA") provides that the netting of financial contracts is legally enforceable notwithstanding any provisions of the IA or the Insolvency Rules.

The British Virgin Islands Financial Services Commission (the “FSC”) has made significant changes to the BVI’s Anti Money Laundering and Terrorist Financing Code of Practice (the “Code”) impacting upon all BVI entities and professionals and further modifying the Code’s effects on BVI mutual funds and fund managers and administrators.

A new "regulation light" fund manager regime for the BVI is one step closer to launch with the publication on 1 November of the final form of the Investment Business (Approved Manager) Regulations, 2012 ("Regulations").

The BVI is already the world's leading jurisdiction for company incorporations, home to over 350,000 registered international business companies (IBCs) that carry on businesses as diverse

A recent decision of the British Virgin Islands High Court in SV Special Situations Fund Limited (SV) v Headstart Class F Holdings Limited (Headstart) should be treated by investors and hedge fund managers as a cautionary tale to consider carefully the terms of any side letters.

New legislative provisions will come into force shortly in the British Virgin Islands relating to financial services, insurance business and financing and money services.

Ogier's Nicholas Brookes has been part of the team that successfully defended a high-profile and long-running BVI trusts dispute that was fought all the way to the Privy Council.

The British Virgin Islands’ Government has introduced, in its new corporate legislation, innovative new rules addressing conflicts of interest issues for directors in joint ventures.

Deficiencies in anti-money laundering compliance in Belize and Guyana have been highlighted by the Caribbean Financial Action Task Force (CFATF) and the British Virgin Islands (BVI) regulator.

The last few years have seen a steady flow of Chinese businesses choosing to incorporate entities in the British Virgin Islands (BVI), and Chinese lawyers seeking knowledge on the uses

This has been attractive amid the general global trend for increased compliance costs and more onerous regulation.

When it comes to trusts and succession planning, the British Virgin Islands (“BVI”) is a well-established jurisdiction of choice.

In the closing days of last year the British Virgin Islands (BVI) enacted its long-awaited Virtual Asset Service Providers Act 2022 (the VASP Act)

The Securities and Investment Business Act, 2010 ("SIBA") came into force in May 2010. It heralded the biggest change to the BVI investment funds legislative framework since the Mutual Funds Act, 1996 came into force.

The British Virgin Islands is a United Kingdom Overseas Territory located approximately 60 miles east of Puerto Rico in the Caribbean.