The British Virgin Islands Financial Services Commission ("FSC") announced on 9 September 2008 the creation of a new Annual Return regime for BVI investment funds.

THESE ARE TRYING TIMES. Social and economic systems on national and international levels have been disrupted to an unprecedented degree...

On 2 January 2025, the British Virgin Islands Limited Partnership (Amendment) Act, 2024 was brought into force...

As a new ‘regulation light’ fund manager regime is launched in the British Virgin Islands, which means that eligible fund managers can now count on a simpler application process.

The BVI Government introduced, with effect from 1 January 2019, a new legislation titled the Economic Substance (Companies and Limited Partnerships) Act 2018, requiring certain legal entities to demonstrate ...

The Incubator Fund is a start-up fund product which offers investment managers an easy to set up and cost-efficient solution for implementing an investment strategy with low up-front costs and limited ongoing obligations.

It seems to have fallen upon me to talk about all the things that can go wrong with your fund!

The British Virgin Islands, in continuing to establish itself as a premier offshore financial services jurisdiction, has created two new fund products to complement its very popular existing funds.

The new legislation which governs these products is the Securities and Investment Business (Incubator and Approved Funds) Regulations 2015.

On 4 December 2025, the European Commission adopted the Delegated Regulation proposing to include the BVI in the EU AML List...

In the British Virgin Islands, investment funds are regulated by the BVI Financial Services Commission under the BVI Securities and Investment Business Act, 2010 and the Mutual Fund Regulations, 2010.

In response to the OECD's global Base Erosion and Profit Shifting ("BEPS") initiative and EU Code of Conduct Group substance requirements modelled on BEPS Action 5 ...

The British Virgin Islands ("BVI") has a regulatory regime which makes it significantly easier for small to mid-size hedge fund groups to establish investment managers and advisors in the BVI.

You've appointed your independent directors. They seem like good people, came highly recommended, have great resumes and seem interested and enthusiastic about your strategy.

The British Virgin Islands (BVI) government has enacted legislation that will require certain BVI entities carrying on specified activities to have ‘adequate substance' in the BVI.

The offshore hedge fund industry has typically suffered from a lack of relevant offshore case law. This has changed.

The Cayman Islands have recently amended the beneficial ownership register regime for Cayman Islands companies and LLCs1, refining the regime that was introduced in July 2017 (as detailed in our earlier alert).

The case arose out of the liquidation of Fairfield Sentry ("Fairfield"), a BVI feeder fund of the collapsed Madoff fund.

British Virgin Islands ("BVI") Incubator Funds and Approved Funds provide innovative and low-cost vehicles for emerging managers and start-up funds to build a track record...

In an era where investment managers have increasing choice between potential jurisdictions to domicile their hedge fund vehicles and the distinguishing features between those jurisdictions.