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The British Virgin Islands ("BVI") is a leading international finance centre and BVI companies are a very frequent feature of offshore finance transactions.

Few areas of finance are developing faster than crypto-assets, a category that includes cryptocurrencies, securities tokens and utility tokens, whose common feature is use of distributed ledger technology (DLT).

During the past year we have seen that the British Virgin Islands ("BVI") Financial Services Commission (the "Commission") has become increasingly strict with payment and filing deadline contraventions...

Regulatory clarity in the digital assets and crypto space continues to be a moving target. Yet, the interest among policymakers and regulators worldwide...

This guidance note has been prepared in relation to: (1) the Economic Substance (Companies and Limited Partnerships) Act, 2018; (2) the Economic Substance...

The BVI Financial Services Commission (FSC) is the regulatory authority responsible for financial services business in the British Virgin Islands (BVI).

In line with the recommendations arising from the BVI Mutual Evaluation Report and FATF (2024) Recommendation 24, the BVI Financial Services Commission has published...

It was unfortunate that such a fundamental change to the regulatory regime of the British Virgin Islands (BVI) was largely overshadowed due to the twin challenges of the economic substance regime...

The BVI Business Companies (Amendment) Act, 2024 (the Amendment Act), published in the BVI Gazette in September 2024, came into force on January 2, 2025.

This article outlines the annual filing requirements and continuing obligations for Approved Managers operating under the British Virgin Islands' streamlined regulatory regime. It examines the scope of permitted business activities, mandatory compliance deadlines, and the consequences of failing to meet regulatory thresholds or reporting requirements.

Securing information and evidence is important whether contemplating litigation, tracing assets or undertaking due diligence into a potential business partner or joint venture.

The eagerly awaited British Virgin Islands Partnership Act 2017 (the Limited Partnership Act or the Act) which was enacted in December 2017 has now been officially gazetted and brought into force.

Appleby's recently published Q&A chapter in the International Comparative Legal Guides (ICLG) ‘Fintech 2021' edition offers a practical cross-border insight into fintech law for the British Virgin Islands.

In this Q&A article Arabella di Iorio and David Welford provide insight into business crime and regulations as it relates to the British Virgin Islands. Topics include criminal law enforcement, particular statues and crimes, investigations, and appeals.

This chapter explores key challenges in the fintech sector, focusing on funding, financial and non-financial regulatory frameworks, and technological developments.

Judge Leo Strine’s decision in <B>Hollinger International, Inc. v Conrad Black </B>(the "<B>Hollinger Ruling</B>"), has highlighted important limitations on the powers of a majority shareholder of a company, the fiduciary obligations of a director of a company, and the sanctity of contractual obligations.

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