The Court recognised that its primary task is to identify the forum in which the case can be suitably tried for the interests of all parties and for the ends of justice.

The introduction of the MDRs is part of the Cayman Islands' commitment to adopting OECD-style Model Rules.

On 17 February 2025, the Government of Bermuda released its third consultation paper on the Corporate Income Tax Act 2023 (CIT Act)...

Phil Graham and Marc Piano are joined by Daniel de Paiva Gomes of VDV Advogados in Brazil, offering insights on...

The BVI has announced amendments to its Anti-Money Laundering (AML) regime in order to ensure continued compliance with developing international standards on transparency and AML regimes.

The BVI Financial Services Commission (FSC) hosted its annual Meet the Regulator (MTR) Forum on 12 December 2024.

The High Court of England & Wales recently considered the scope of disclosure required to be undertaken by a party in the case of The Federal Deposit Insurance Corporation v Barclays Bank Plc.

The British Virgin Islands (BVI) is currently a tax neutral Category 2 Red Ensign port of British Registry operating under the authority of the Merchant Shipping Act, 2001.

In the case of Canterbury Securities Ltd (In Official Liquidation) v Wincura, the Grand Court of the Cayman Islands addressed the issue of granting...

On January 30 2014 the board of directors of the Bank of Cyprus Public Company Ltd approved two important decisions.

The Cyprus Securities and Exchange Commission (CySEC) has issued a circular requiring that entities under its supervision investigate any connections they may have with the so-called Panama Papers leak.

The treaty for the avoidance of double taxation between Cyprus and Qatar was signed in November 2008, ratified in March 2009 and entered into force on 1 January 2010.

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...

On 11 February 2025, the UK government issued a press release announcing new sanctions against ZSERVERS...

In a recent decision of the King's Bench Division of England and Wales the Court set aside an order (O2) that extended time for compliance with an earlier disclosure order (O1).

Harneys has recently acted for a client in an important and novel case on the effect of a redemption notice, served by a company on a member, under the BVI Business Companies Act ("the Act").

Where the owner of a BVI company dies, his/her interest in shares in a BVI company cannot be validly transmitted to his/her heirs until the appropriate grant (of probate, letters of administration...

The European Data Protection Board (EDPB) recently introduced a website auditing tool to improve compliance with the General Data Protection Regulation.

A new "regulation light" fund manager regime for the BVI is one step closer to launch with the publication on 1 November of the final form of the Investment Business (Approved Manager) Regulations, 2012 ("Regulations").

In the recent decision in Re Klimvest Plc [2022] EWHC 596 (Ch), HHJ Cawson QC, sitting as a Judge of the English High Court, ordered that the respondent company, Klimvest, be wound up on just and equitable grounds ...