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The Non-Profit Organisations Act was passed in the British Virgin Islands in 2012 and came into force on 1 January 2013.

On 4 December 2024, the Governor of the Virgin Islands approved the BVI Business Companies (Amendment) (No. 2) Act, 2024, marking a significant update to the legal framework governing BVI business companies.

At the very end of last year, the BVI Financial Services Commission (FSC) issued the final version of the Public Funds Code, 2010 (the Code) following industry consultation during Summer 2010.

Entering into security financing transactions with BVI Business Companies (BCs) is a familiar part of the global financial services landscape.

The Companies (Amendment) Law 2009 adopted this month in the Cayman Islands introduces a new and much-needed statutory merger regime which does not require court application or approval.

‘Forum shopping' can lead to some fierce jurisdictional battles particularly in insolvency where the choice can be stark between debtor and creditor friendly procedures

In the recent decision of CF v DLG, the BVI Commercial Court held that a two-step process is to be preferred over the use of "wrap up orders" in Norwich Pharmacal proceedings.

Companies incorporated in the BVI are, by most measures, the most popular offshore holding structure in the world

In the PRC, a potentially toxic mix of a slowing economy and an ever-increasing corporate debt burden (as a proportion to GDP) is already leading to impaired loans in a number of key sectors...

Hong Kong International Airport is a fine airport to be sure, but after five and a half hours sitting in the airport lounge, waiting for my delayed flight to Shanghai to depart, it was beginning to lose its appeal.

The Minister of Labour has, on 20 December 2024, issued a decree (RAA 455/2024) (Decree) pursuant to section 11 (6) of the Transparent and Predictable Employment Terms Law, L. 25 (I)/2023...

This is the second in a series of articles on the implementation of Directive 2014/65/EU, (MiFID II), in Cyprus. Below we explore changes to the local industry that mandates greater investor protection.

The Central Bank of Cyprus held a seminar in Nicosia on 20 June 2014 on the impact of the upcoming Alternative Investment Funds Law.

Harneys has for many years worked together with many of the leading law firms in Africa as well as law firms outside of Africa advising on Africa focused transactions.

One of the reasons why the Cayman Islands is a leading offshore jurisdiction is the flexibility of Cayman Islands companies. The main legislation regulating the formation and operation...

In schedule 2 of the Anti-Money Laundering and Terrorist Financing Code of Practice 2008, the BVI have recognised a list of jurisdictions that have laws and regulations similar to that of the BVI.

Death and taxes, despite our best laid plans, are still with us.