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

The last decade has exposed the bankruptcy courts across the globe to a large volume of international work, and with that experience in mind, the Judicial Insolvency Network (JIN)...

In June 2024, the English Court of Appeal's judgment in Celestial Aviation Services Ltd v UniCredit Bank AG (London Branch) [2024] EWCA Civ 628 overturned a High Court ruling that raised concerns over the obligations...

The enforcement toolkit available in the BVI is similar to many other common law jurisdictions. However, the BVI Courts have tailored their approach to meet the challenges...

At the 11th hour, the British Virgin Islands Financial Services Commission announced that the Companies Act, 1884 would not be repealed on 31 December 2007 as previously indicated.

In July 2011, in a case called HRH Prince Faisal v PIA Investments BVIHC(Com) 2011/03, the British Virgin Islands’ ("BVI") High Court considered whether parties could contract out of the BVI statutory mechanism for the appraisal of shares following a forced redemption by the majority (often referred to as the "squeeze out" of minority shareholders).

The rise in the number of global HNWIs has seen an increase in demand for lifestyle assets such as yachts, art work, prime real estate and private jets.

Public bodies must strike a balance when discharging their international obligations in the mutual exchange of information by ensuring that procedural fairness safeguards for BVI persons are observed in the performance of those obligations.

The principle established in 1974 in the case of "Hastings-Bass ([1975] Ch 25 (CA))" has in the past allowed a Court to set aside an action taken by Trustees who have failed to take some important factor (such as tax considerations) into account when deciding to take the action.

The Cayman Islands Department for International Tax Cooperation (DITC) recently confirmed an extension of the deadline for Cayman financial institutions to comply with their reporting obligations...

Cyprus has become a leading forum in the international maritime industry mostly due to the attractive tax system for ship owners and ship managers and due to its ratification of major international maritime conventions.

Offshore companies, particularly those incorporated in the British Virgin Islands (BVI) or the Cayman Islands, are commonly used as vehicles to purchase and hold UK real estate.

An overview of the disposition of assets by a BVI company under section 175 of the BVI Business Companies Act.

The use of offshore is an integral part of African financing. Offshore vehicles are used for a variety of structures including bond issuances, listing, loan financing, JVs and PE structures.

In Dos Santos v Unitel SA, the English Court of Appeal clarified the threshold test of a "good arguable case" for granting worldwide freezing injunctions should be equivalent...

New legislation has been recently enacted to further refine the trust legislation, especially the use of Private Trust Companies and VISTA trusts, which will help to ensure that BVI remains at the cutting edge of international trust planning and a jurisdiction of choice for high net worth families from around the globe.

As every good litigator will know, in the common law world service of process on the defendant is the means by which jurisdiction is established over that defendant.