Article(BVI) Converting A Mutual Fund Into An SPC – Practical StepsAt present only licensed insurers and recognised or registered funds can incorporate or register as an SPC under the BVI BC Act.British Virgin IslandsCorporate/Commercial LawWalkers
ArticleEnforcing Share Mortgages In The “New Old Fashioned Way”Because of levels of economic turmoil not seen for nearly a century, some secured creditors have been taking a slightly fresh approach in relation to realisation of their security in the event of a default. British Virgin IslandsWealth ManagementHarneys
ArticleEU Council Regulates Handling Of Immobilised Russian AssetsOn the 12 February 2023, the EU Council has decided to regulate the handling of assets belonging to the Central Bank of Russia which are immobilised due to EU sanctions.European UnionCorporate/Commercial LawHarneys
ArticleQuick Summary Of The BVI Business Companies (Amendment) Act 2015This article outlines the changes, which are refinements rather than wholesale changes, and are expected to be largely welcomed by the financial services sector. British Virgin IslandsCorporate/Commercial LawHarneys
ArticleBVI New "Premium Services"Effective 1 December 2015, the Registry of Corporate Affairs in the BVI is offering "Premium Services" for certain type of transactions with a guaranteed 4-hour turnaround time.British Virgin IslandsWealth ManagementOIL
ArticleBVI Segregated Portfolio Companies – Use In Closed Ended Fund StructuresThe British Virgin Islands (BVI) will shortly implement some important changes to the rules governing segregated portfolio companies (SPCs) incorporated or registered under the BVI Business Companies Act, 2004 (BCA). British Virgin IslandsCorporate/Commercial LawOgier
ArticleSnapshot: Registrations Of Charges And Priority Of Security In BVI LawA security document does not need to be filed or recorded with any governmental or regulatory authority, agency or court in the BVI in order to ensure the legalityBritish Virgin IslandsCorporate/Commercial LawOgier
ArticleBVI Premium Service TransactionsAs of 1 December 2015, the Registry of Corporate Affairs in the British Virgin Islands is offering an option for Premium Services which will guarantee a four hour turnaround for certain transactions submitted to the Registry.British Virgin IslandsWealth ManagementHarneys
ArticleSeeking Fair Value: BVI Court Provides Guidance For Appraisers Valuing SharesThis week the BVI Court issued important guidance as to how shares should be valued following a squeeze-out, merger or dissent from other restructuring provisions.British Virgin IslandsCorporate/Commercial LawHarneys
ArticleTakeovers (Take Privates) – Structuring Options In Respect Of BVI Incorporated Listed CompaniesInvestors considering the takeover (take private) of a BVI incorporated listed company enjoy the benefit of different potential structuring options under BVI law.British Virgin IslandsCorporate/Commercial LawWalkers
ArticlePrivy Council Clarifies Power To Rectify Share Registers Of BVI CompaniesThe background facts were quite complex, but in essence they revolved around an oral agreement which was entered into between Mr Varma on the one hand, and several members of the Mahtani family on the other.British Virgin IslandsCorporate/Commercial LawHarneys
ArticleBVI Securities & Investment Business Act And Related LegislationThe BVI Securities and Investment Business Act contains a consolidated version of the British Virgin Islands Securities and Investment Business Act, 2010 as amended. The most recent legislative amendment...British Virgin IslandsFinance and BankingConyers
ArticlePrivate Placements And AIFMDAIFMD. Love it or loathe it – and let's face it, it's not the most popular law – the Alternative Investment Fund Managers Directive (AIFMD) has changed the way that alternative funds are marketed to investors in Europe.British Virgin IslandsFinance and BankingHarneys
ArticleESMA Proposes Simplification Of Prospectus RegulationThe European Securities and Markets Authority (ESMA) has published three Consultation Papers proposing simplification of the Prospectus Regulation.European UnionCorporate/Commercial LawBaker Tilly
ArticleSnapshot: Can You Take Security Over The Assets And Shares Of A BVI Company?A BVI company can grant security over its assets in any manner permitted or required in the local jurisdiction where such assets and/or tangible moveable property are located.British Virgin IslandsCorporate/Commercial LawOgier
ArticleAre You Covered For Succession Planning?Share Succession Trusts, or SSTs, can hold the secret to protecting your wealth or business when you're gone. Our BVI expert explains.British Virgin IslandsCorporate/Commercial LawTMF Group BV
ArticleGuide To Registering Security Interests Created By Cayman Islands Companies In The Cayman IslandsThis concise guide discusses the Cayman Islands Companies Law requirements relating to the registration of security interests over the assets of a Cayman Islands exempted company.British Virgin IslandsCorporate/Commercial LawHarneys
ArticleBVI FSC Recognises Fusang Exchange As Its First Digital Securities And Asset ExchangeThe British Virgin Islands Financial Services Commission (FSC) has recently recognised Asia-based Fusang Exchange Ltd as its first digital securities and asset exchange.British Virgin IslandsFinance and BankingO'Neal Webster
ArticleBVI Incubator And Approved FundsOf particular benefit to a new manager is that incubator or approved funds are not required to prepare an offering memorandum. British Virgin IslandsCorporate/Commercial LawConyers
ArticleO'Neal Webster Advises On JPY 3.8 Billion British Virgin Islands Plan Of ArrangementO'Neal Webster has advised on a JPY 3.8 billion British Virgin Islands plan of arrangement which was recently approved by the Eastern Caribbean Supreme Court (British Virgin Islands) on April 6, 2020.British Virgin IslandsCorporate/Commercial LawO'Neal Webster