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After ten years of negotiations Luxembourg and Cyprus signed their first Double Tax Treaty (the Treaty) on 8 May 2017. The Treaty is pending ratification by both contracting states.

In the recent decision of Moody Technology Holdings Ltd[1], the Hong Kong Court of First Instance (the "Hong Kong Court") provides useful commentary on the jurisdiction to modify...

In 2005, Goldman Sachs named Iran as a member of the "Next Eleven", a country with the potential of becoming one of the world's largest economies in the 21st Century.

On 6 December 2024, the Prevention and Suppression of Money Laundering and Terrorist Financing Law, L.188(I)/2007, as amended (AML Law) was significantly amended by the enactment of L.141(I)/2024.

The BVI International Arbitration Centre opened on 16 November 2016 and the BVI IAC Rules came into force on the same date giving full force to the Arbitration Act 2013 effective as of 1 October 2014 in the British Virgin Islands.

On the stroke of midnight on 31 December 2009, all bearer shares not deposited with an authorised or recognised custodian or converted into registered shares were disabled.

The European Union's Fourth Anti-Money Laundering Directive 2015/849 (4AMLD), was adopted by the European Parliament and Council on 20 May 2015.

The global financial crisis has sharpened the international focus on systems of corporate governance, not least in an effort to mitigate some of the systemic factors which may have contributed to the onset of the financial crisis.

In a recent decision in the case of TIPP Investments PCC v. Chagala Group Ltd. et al (BVIHCM 102/2016), Mr Justice Davis-White clarified the issue of the standing of beneficial shareholders that we highlighted in our previous article. As we had said was the likely outcome of any reconsideration of the case of Headstart Class F Holdings Ltd and another v Y2K Finance Inc (BVIHCV 278/2007

There are several circumstances in which a beneficial owner of shares may wish to bring an action for unfair prejudice without the participation of the legal owner of his shares.

The system of tax information exchange in the BVI is largely modelled on international principles developed by the Organisation for Economic Co-operation and Development (the OECD).

Since its enactment in 2003, the Insolvency Act ("the Act") has made significant and positive changes to insolvency law in the BVI. Phillip Kite gives an update on the way some of the more important changes have been interpreted to date. For UK practitioners, there are also some thoughts on how the Act might enable a BVI company, with a BVI governed floating charge, to circumvent some of the provisions of the UK Enterprise Act.

Cypriot companies are frequently used in cross-border structures, whereby securities of a Cypriot company are listed on a regulated market of another Member State.

Investors' claims for unpaid redemption proceeds in winding up of Cayman Islands investment funds.

On 18 December 2015, the Cayman Islands published a bill (the LLC Bill) for the creation of a new law to permit the formation of a new type of vehicle in the Cayman Islands, a Cayman Islands limited liability company (a LLC).

A duty of confidence has been imposed by statute on certain categories of person in the Cayman Islands.

Strict duties imposed on directors must be discharged, even if they are nominee directors. The Central Bank of Ecuador v Conticorp [2016] 1 BCLC 26 decision illustrates the dire implications for a director who merely follows instructions and by so doing fails to discharge his duties to the company.