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There are over 465,000 active BVI companies and, given the popularity of such companies, they are often used in secured financing transactions.

The primary anti-money laundering legislation in BVI is the Proceeds of Criminal Conduct Act (the "PCCA"). Growing out of the "forty plus nine" recommendations formulated by the Financial Action Task Force ("FATF")...

This publication has been prepared for the assistance of those who are considering the law of the British Virgin Islands ("BVI") as it pertains to anti-money...

The Mutual Funds Regulations, 2010 (the Mutual Funds Regulations) (the "Mutual Funds Regulations") and Securities and Investment Business (Incubator and Approved Funds)...

How to enforce Security in the BVI out of court will depend on your Security type. For this guide, we focus on the out-of-court enforcement of Security granted over shares in a company.

On 4 December 2024, the Governor of the Virgin Islands approved the BVI Business Companies (Amendment) (No. 2) Act, 2024, marking a significant update to the legal framework governing BVI business companies.

Amendments to the BVI Business Companies Act, 2004, and BVI Business Companies Regulations, which took effect on January 1, 2023, require BVI companies to file an annual financial return (AFR)...

All companies incorporated in, or continued into, the British Virgin Islands ("BVI") are governed by the BVI Business Companies Act (the "Act").

自 2022 年《英属维尔京群岛商业公司（修订）法》...

In June 2015, The BVI issued the Securities and Investment Business regulations that introduced the two new fund regimes, the BVI incubator and approved funds. Both funds mainly focus on two types of managers...

The British Virgin Islands ("BVI") International Tax Authority ("ITA") has issued a set of guidance notes (the "CRS Guidance Notes") to assist in the interpretation of the OECD's Standard for Automatic Exchange of Financial Information in Tax Matters ...

On 13 July 2020, guidance was issued providing clarity and confirmation to the treatment of virtual assets.

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

This coupled with its welcome 2020 "white-listing" on financial crime by the European Union bodes well for the continued business growth trajectory.

Note in particular that penalties frequently apply for late filings and so the registered office should be informed promptly of any notifiable changes to allow the appropriate filing/s to be made.

Every so often there are historic moments for trust lawyers. One such moment was when Lord Walker handed down the decision of the Privy Council in Schmidt v Rosewood and another was that on which the Cayman Islands’ ‘STAR trusts’ law came into force.

In addition to their existing record keeping obligations, BVI companies will be required to provide certain financial information, in the form of an annual return, to their Registered Agent.