The BVI has passed legislation to implement the Organisation for Economic Co-Operating and Development (OECD) Common Reporting Standard for the exchange of tax information (CRS).

When our global funds partners decided to meet in the Entertainment Capital of the World, there was a great deal of scepticism from the rest of the firm as to how constructive our collective output from the meetings might be.

The British Virgin Islands (BVI) remain the most popular international financial center for incorporating companies due to it being tax-neutral and politically stable with a flexible legal system...

The incubator fund will appeal to managers who want to move quickly and establish a track record whilst keeping set-up costs low and without having to comply with onerous regulatory obligations.

Various sections of the Financial Services Commission Act, 2001 (the FSC Act) by the Financial Services Commission (Amendment) Act, 2015 (the Amendments) have been amended and enacted.

Mr Holm (Holm) brought proceedings against the appellants for damages for breach of contract for his investment in the Bank of Asia Project (Project). The claim was bifurcated with Holm succeeding on liability.

The British Virgin Islands has a regulatory regime which makes it significantly easier for mid-market private equity and venture capital firms to establish investment managers and advisors in the BVI.

The British Virgin Islands (BVI) instigated entry restrictions for all visitors in mid-March and is currently operating a full lockdown system for all residents, apart from essential workers.

The British Virgin Islands Financial Servcies Commission (FSC) today announced an extension to the transition dates under the new Securities and Investment Business Act, 2010 ("SIBA") and Mutual Funds Regulations, 2010 (the "Regulations").

Yes, yes, we all know what the mem and arts and the local companies’ legislation say about having so many (offshore) board meetings a year but, even so, wouldn’t it just be nice to have the flexibility of having them where and when they were needed rather than having to travel half way across the world for a one hour meeting to discuss not very much?

BVI law provides for a number of structuring mechanics which can be used to structure a takeover bid in addition to a simple offer for all the shares.

On 4 December 2024, the Official Journal of the European Union published two pivotal legislative updates to the European Market Infrastructure Regulation (EMIR 3.0)...

This article summarises certain remedies available to aggrieved shareholders of companies incorporated in the popular offshore jurisdictions of the BVI and the Cayman Islands.

The British Virgin Islands introduced a ‘regulation light’ regime for investment managers on 10 December 2012 when the Investment Business (Approved Manager) Regulations 2012 (Old Regulations) came into force

The Compliance Inspection Program will run from March 2026 to February 2027 with a focus on the trust corporate service providers, investment business and virtual assets service providers sectors.

The Investment Business (Approved Managers) Regulations, 2012 provides a regulatory 'light' regime for qualifying managers in the BVI.

The British Virgin Islands and the Cayman Islands have entered into agreements with the UK for automatic disclosure of information in respect of interests in financial accounts held by UK residents.

The British Virgin Islands Financial Services Commission announced on 9 September 2008 the introduction of an annual financial reporting regime, which will require all funds to file a Mutual Funds Annual Return each year.

The legacies of the global financial crisis continue to permeate the global landscape.

Since the British Virgin Islands ("BVI") invested in a decision to upgrade its corporate framework through the introduction of the Mutual Funds Act, 1996, the Insolvency Act, 2003, and the BVI Business Companies Act, 2004, it has become one of the most popular jurisdictions for corporate transactional work as well as for the incorporation of companies and funds.