The British Virgin Islands will implement its new beneficial ownership reporting regime on July 1, 2017, by virtue of the recently passed BOSSs Act, 2017, (BOSSs), which comes into force on June 30, 2017.

This article covers the most commonly-asked questions regarding the use of BVI companies in transactions.

The BVI Business Companies (Amendment) Act, 2015 has been published in the BVI's Official Gazette.

The BVI Securities and Investment Business Act contains a consolidated version of the British Virgin Islands Securities and Investment Business Act, 2010 as amended.

The case involved a minority shareholder, Gavin Mayhew, who was forcibly redeemed pursuant to Section 176 of the Act.

Restoring a company to good standing is one avenue by which a creditor may pursue an asset thought to have vanished.

Walkers is often asked to advise on the extent to which section 43 of the BVI Business Companies Act 2004 ("BCA") can be relied on to determine disputes concerning legal title to shares.

The BVI has gazetted legislation which has come into force on 31 December 2019, introducing a supervisory regime for closed-ended funds.

We regularly win awards for the quality of our client service, our work and our people.

Where security is granted by a BVI Business Company, lenders should ensure the security package is properly registered for BVI law purposes as soon as the security documents are executed.

The draft BVI Business Companies (Amendment) Act 2015 (the "Bill") seeks to introduce various changes, both material and clarificatory to the Act.

Third party costs order: Does the Court have power to permit service of application out of the jurisdiction?

One of the many flexible features of the BVI Business Companies Act 2004 (the BC Act) is the ability both to continue a foreign company as a BVI company under the BC Act...

A discussion following the Press Release from the European Securities and Markets Authority dated 30 May 2013.

British Virgin Islands companies frequently feature as obligors in guaranteed and secured financings.

Securitisation is, in its very basic terms, the process of taking an illiquid asset, or group of assets, and through financial engineering, transforming them into a security ...

Following execution of the security document(s), the secured party will want to ensure that particulars of the security are filed with the Registrar of Corporate Affairs in the British Virgin Islands (the "Registrar").

The BVI Business Companies (Amendment) Act, 2015 (the "Amendment Act"), which includes new requirements for the filing of director information with the BVI Registry, among other changes, was published on 31 December 2015.

There are a number of reasons why investors opt to use British Virgin Islands (BVI) companies to conduct business: the "BVI Advantage" is well documented.

Though special purpose acquisition companies (SPACs) are now enjoying enormous popularity, there is belief in certain quarters that their resurgence is fleeting.