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.

This article appeared in the 2015 edition of The International Comparative Legal Guide to: Business Crime; published by Global Legal Group Ltd, London in October 2014.

From the increasing sophistication of cross-border disputes to the growing specialisation within the BVI legal community, Mark and Richard delve into the critical matters that continue...

On 4 May 2022, the BVI Commercial Court handed down its judgment in ChainSwap v Persons Unknown.

In the recent English decision of Shovlin v Careless and Ors, concerned the enforcement in the English High Court of a default judgment granted against defendant companies...

The UK government has welcomed the Bri6sh Virgin Islands' commitment to crea6ng a publiclyaccessible register of company ownership by 2023.

The court has now reaffirmed its earlier decision by ordering the final winding up of the company.

This robust decision illustrates that even in cases alleging fraud and dishonesty, it may be possible to obtain summary judgment on the merits.

Authorised Push Payment ("APP") fraud, where victims are tricked into authorising payments to fraudsters, resulted in losses...

If a wrongdoer spends his ill-gotten gains, is the claimant effectively limited to recovering a maximum sum from a subject bank account?

Conyers represented successful Claimants before the BVI Commercial Court in Claim No. BVIHC (COM) 2017/086 King Bun Limited and Others v. Lau Man Sang, James and Others in recently...

As one of the anti-money laundering measures adopted in accordance with international standards, the government of the British Virgin Islands plans to create a public register of beneficial owners of companies registered there by 2023.

Once a serious economic criminal learns that most of his concealed wealth has been frozen in multiple jurisdictions; that raids to search for and seize his confidential accounting, company and trust records have taken place in numerous locations;

The British Virgin Islands Financial Services Commission (the “FSC”) has made significant changes to the BVI’s Anti Money Laundering and Terrorist Financing Code of Practice (the “Code”) impacting upon all BVI entities and professionals and further modifying the Code’s effects on BVI mutual funds and fund managers and administrators.

Written by Associate Nia Statham and Partner Shaun Reardon-John, this guide shares the legal asset recovery tools available for victims of cryptoasset fraud in the British Virgin Islands.

The issue of offshore jurisdictions and the role they play in the global economy has come under extreme scrutiny, especially from onshore governments seeking to increase tax revenues.

Disclosure orders constitute a very powerful weapon for the tracking down and recovery of assets.

The second major hire for Ogier in the last two months, the appointment of Nicholas Burkill takes the firm's global partnership to 52...

Norwich Pharmacal orders have long been a powerful tool employed in the BVI in aiding foreign proceedings.

Fairfield Sentry Limited was one of a number of feeder funds into the now infamous Bernard L Madoff Investment Securities LLC.