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The Investment Business (Approved Managers) Regulations, 2012, provides, for eligible investment managers, a "regulatory light" regulatory regime.

The record keeping obligations applicable to BVI companies and partnerships were amended in November 2012 and again in September 2014.

An overview of the various investment fund vehicles available in the British Virgin Islands.

The Financial Services (Exemptions) Regulations, 2007 came into effect on 1 August 2007. The Regulations exempt British Virgin Islands ("BVI") companies from obtaining trust licences under the BVI's Banks and Trust Companies Act, 1990 (as amended) (the "BTCA") if they satisfy certain conditions.

Shareholders in a company that is the subject of a takeover and merger have certain intrinsic rights available to them in the event that they dissent to the merger...

The trust has always been regarded as one of the best "succession vehicles," but its use to cater for the succession of shares in companies has historically been impeded by a rule of English trust law (the "prudent man of business rule") which is designed to help preserve the value of trust investments.

The Republic of Cyprus issued new decrees on 2 August 2013 pertaining to the relaxation of restrictive measures.

Both the British Virgin Islands (BVI) and the Cayman Islands have recently updated and modernised their arbitration regimes.

The cost of large scale asset recovery inquiries and associated litigation is a factor which often deters victims of economic crime from pursuing their rights, preferring instead to abandon any hope for recovery.

Since its enactment 20 years ago, the BVI’s International Business Companies Act (Cap. 291) (the "IBC Act") has become one of the most widely-used corporate statutes with over six hundred thousand IBCs incorporated under it. Notwithstanding such phenomenal success, practitioners and users have for some time been calling for amendments to the IBC Act as well as for an additional and more flexible range of corporate vehicles, and its twentieth anniversary marked an appropriate occasion f

Under the BVI Business Companies Act 2004 ("BVI BC Act"), a company limited by shares may be incorporated or, if it has already been incorporated, be registered by the Registrar as a segregated portfolio company ("SPC") provided that the Financial Services Commission (the "Commission") has given its written approval and provided that the company:

Many of the initial questions US counsel will have for a sponsor looking to launch a new hedge fund will be about the anticipated investor base, as that factor is fundamental in determining the appropriate fund structure.

The Republic of Cyprus has issued new decrees providing further relaxation to banking restrictions.

Tim Clipstone recently participated in a Q&A focused on practical cross-border insight into alternative investment funds work.

No mutual fund may carry on business or hold itself out as carrying on business in or from within the the BVI unless the mutual fund is recognised under the Securities and Investment Business Act.

This application is usually made by the executor named in the will. If some other person is making the application, he must clear off executor.