Readers beware - the Financial Investigation Agency's (FIA) functions and powers have been extensively expanded.

Since the BVI Business Companies (Amendment) Act, 2022 and BVI Business Companies (Financial Return) Order, 2023 came into effect on 1 January 2023...

The BVI suffered severe damage by Hurricanes Irma and Maria in September 2017. In the aftermath of the storms, the financial services community formed an alliance and worked together ...

The BVI Business Companies (Financial Return) Order, 2023 ("Order") was brought into force on 1 January 2023.

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.

The BVI offers two lightly regulated open-ended fund products, the incubator fund and the approved fund...

It goes without saying that 2008 was a year of turmoil for the Hedge Fund industry as liquidity dried up and share prices fell. The chart below tells the story, which starts with the US housing crisis in 2005.

Now that the United Kingdom has served notice to leave the European Union under Article 50 of the Lisbon Treaty, managers of offshore funds have a clearer timetable for when Brexit will happen, with the UK scheduled to leave the EU in March 2019.

So, the pound's tanked, world stock markets are in turmoil, Scotland and Northern Ireland are considering whether to leave the United Kingdom so they can stay within the EU and the Prime Minister has announced his resignation.

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

For many aspiring start-up investment managers, finding the most appropriate jurisdiction to domicile their first fund

On 1 January 2023 the British Virgin Islands ("BVI") Business Companies Act (As Revised) ("BC Act") was updated. BVI companies now have to file a new annual return with their registered agent...

To incubate is to keep something in a suitable environment for a term where it can develop to its full potential.

Banking secrecy has been under scrutiny during the past few years, with Swiss and Luxembourg banks under pressure to relax banking secrecy rules.

Following our previous notification dated May 2019, The British Virgin Islands (BVI) has passed legislation requiring certain legal entities carrying on Relevant Activities to demonstrate adequate ...

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