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The British Virgin Islands have launched a new Fintech sandbox to encourage technological innovation in financial services under a lighter touch regulatory regime.

The holding company of many corporate groups trading in Asia is frequently incorporated in an offshore financial centre such as the British Virgin Islands ("BVI").

COVID-19 is having a widespread impact on financial markets and the global economy as businesses struggle with the disruption caused.

Companies that have been incorporated in other jurisdictions may be permitted to change their jurisdiction of incorporation to the British Virgin Islands ("BVI")

The draft Economic Substance Code has now been published by the ITA and contains rules and guidance from the ITA with regard to the application of the Economic Substance (Companies and Limited Partnerships) Act 2018.

Important filing deadlines as well as procedures for submission of information to the relevant authorities with regard to audited accounts, fund annual returns, record keeping, register of directors and AEOI.

The British Virgin Islands' inclusion on the EU's anti-money laundering high-risk country list creates specific compliance obligations for BVI funds marketed under AIFMD, while having limited broader impact on BVI vehicles.

Approved investment managers (Approved Managers) are approved by the BVI Financial Services Commission under the Investment Business (Approved Manager) Regulations 2012 (as amended) (the Regulations).

In response to the requirements of the EU Code of Conduct Group, the British Virgin Islands has enacted new legislation setting out an economic substance test for tax-resident entities.

An assessment of the projected impact of the AIFMD in the British Virgin Islands.

2023 was certainly a tumultuous and difficult year by any standard. Leaving aside geopolitical conflicts, high interest rates, rampant inflation, and slowing growth...

Whilst completely separate regimes, the CRS imposes similar reporting and other obligations as are required under the US Foreign Account Tax Compliance Act or "FATCA" regime.

With the enactment of the Securities and Investment Business Act, 2019, the British Virgin Islands has for the first time introduced a regulatory regime to regulate close-ended funds.

The government of the British Virgin Islands has recently published The Securities and Investment Business (Incubator and Approved Funds) Regulations 2015 providing for the approval of two new types of investment fund in the jurisdiction, namely the incubator fund and the approved fund.

With effect from 1 December 2022, all BVI entities that fall within the definition of a virtual asset service provider (a "VASP"), as set out in the recently amended BVI Anti-Money Laundering Regulations (the "AML Regulations") and ...

On 2 January 2025, amendments to the British Virgin Islands ("BVI") Business Companies Act (As Revised) (the "BC Act") and the BVI Business Companies Regulations...

In this guide, we explain how a company that was incorporated or registered in the British Virgin Islands (company) can be restored to the BVI register of companies (register).

The BVI Business Companies Act, 2004 (as amended) (BVIBC Act) is the flagship corporate legislation regulating BVI companies.