On 5 December 2024, the British Virgin Islands ("BVI") gazetted the Virgin Islands Financial Services (Miscellaneous Exemptions) (Amendment) Regulations 2024, effective retrospectively from 15 October 2024.

Cayman and BVI financial services regulators have announced Memoranda of Understanding with 25 European countries which will enable the continued marketing of Cayman Islands and BVI funds throughout the majority of European Union.

Are you considering establishing a private investment fund in the British Virgin Islands ("BVI")? Remember these key points...

This Carey Olsen bitesize guide is designed to provide a snapshot of the steps that should be taken in the British Virgin Islands and Cayman in connection with the appointment of a fixed charge receiver or Law of Property Act 1925.

I had the pleasure of being interviewed by Hedgeweek recently regarding the success of the BVI's two new funds products focused at the start-up manager; the incubator and approved funds.

On 31 January 2024, a Memorandum of Understanding (MoU) between the BVI Financial Services Commission (FSC) and the BVI Financial Investigation Agency (FIA)...

In this 4th session of our ongoing webinar series, BVI Counsel Rachael Pape discusses the use of BVI entities in cross-border finance transactions, including registration of security, guarantees, conditions precedent and other key considerations applicable to BVI entities.

BVI statute does not currently provide for the legal assignment of a chose in action governed by BVI law and does not have an equivalent of Section 136 of the English Law of Property Act, 1925.

On 26 March 2024, Directive (EU) 2024/927 (AIFMD II) amending the Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD) and the Undertaking for Collective Investment...

Harneys continues to monitor developments related to the EU’s AIFMD with a focus on how it will affect our clients in the Cayman Islands and BVI.

To cap off another successful year for standards in transparency and cooperation, the Cayman Islands, British Virgin Islands ("BVI") and Ireland were recognised by the Financial Stability Board ("FSB") as jurisdictions that have sufficiently strong adherence to internationally agreed information exchange and cooperation standards in the areas of banking, insurance and securities regulation.

The Broad Idea decision was hence perceived as a damaging retrograde step that would do nothing to enhance the reputation of the Territory.

Harneys Senior Associate Hamish Masson was interviewed for this Who's Who Legal Roundtable 2016.

I was really pleased to see yesterday that AIMA, the Alternative Investment Management Association, has published a paper which gives a really clear explanation as to why so many of the world's alternative investment funds are set up in offshore jurisdictions such as the Cayman Islands and the BVI.

The BVI Financial Services Commission has as of December 24, 2025 approved an extension of the period during which existing entities formed prior to January 2, 2025...

In the recent case of FHL v LTC & 5 others BVI HC (COM) 2020/0048 the BVI Commercial Court granted a wider Norwich Pharmacal relief, requiring disclosure not only from several Registered Agents...

A recent matter which came before a strong Court of Appeal panel demonstrates that the BVI Court will continue to come to the aid of creditors pursuing unpaid debts and that they should not necessarily...

The High Court of England & Wales recently considered the scope of disclosure required to be undertaken by a party in the case of The Federal Deposit Insurance Corporation v Barclays Bank Plc.

Analyse existing data to categorise entities, assessing tax issues and compliance burdens in the BVI.

On 5 May 2022, James Gaudin, Andrew Weaver and Gemma Whale of our Jersey office advised on the implications of a new UK law, the Economic Crime (Transparency and Enforcement) Act 2022...