Category Archives: News

O’Neal Webster scores landmark win for BVI companies’ right to privacy and confidentiality of information

TORTOLA, BRITISH VIRGIN ISLANDS, 26 July 2018 —The BVI High Court handed down its much-anticipated decision in the case of Magnum Investment Trading Corporation & Niteroi Limited v. The AG of the Virgin Islands on Thursday, 19 July 2018. The … Read more

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Christopher McKenzie earns ranking in Chambers and Partners HNW expert guide, 2018

O’Neal Webster is pleased to announce that Partner Christopher McKenzie, head of the firm’s London office and its Trusts & Estates Department, has been ranked in Chambers and Partners’ 2018 high net worth expert guide, Chambers HNW, for offshore trusts in the … Read more

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BVI Takes Lead in Establishing Simple, Transparent, and Inexpensive Incorporation for Microbusinesses Around the World

Microbusinesses are a growing, vibrant, and profitable economic segment throughout the world. Such enterprises provide flexibility for individuals to operate on their terms, according to their skills and passions. Microbusinesses generally are defined by modest annual sales and asset values … Read more

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Cryptocurrency: Issues for Hedge Fund and Investment Professionals

Many investors have cryptocurrency on the brain, but how are hedge fund and investment professionals viewing this trend? Learn from an experienced panel of professionals as they discuss financial transactions, regulated environments, and issues specific to investment structures in this … Read more

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O’Neal Webster Expands Litigation Capabilities, Adding BVI Attorney Asha Johnson-Willins

27 February 2018 – Road Town, Tortola – Law firm O’Neal Webster announces that BVI attorney Asha Johnson-Willins has joined the firm as a senior associate. Johnson-Willins brings over 14 years’ experience in advocacy, trials, and company law to O’Neal … Read more

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BVI team 54Strong competes in Miami Marathon to benefit local charities

Feb. 15, 2018 – Tortola, British Virgin Islands – On a cool, rain-soaked Sunday morning dawn in late January, O’Neal Webster’s Managing Partner Vanessa King stepped to the starting line alongside the British Virgin Islands team “54Strong” and 23,000 other … Read more

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British Virgin Islands’ New Limited Partnership Act Offers Significant Changes

Best-known for its stunning natural beauty—jewel-colored waters, soft sandy beaches, and lush mountain ridges—the British Virgin Islands also excels among her peers in the international financial services industry. Notably, the Territory is relentless in its pursuit of refining and advancing … Read more

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O’Neal Webster Announces New Managing Partner, Vanessa King

Feb. 5, 2018 –TORTOLA, British Virgin Islands – O’Neal Webster is pleased to announce that Vanessa King, corporate, commercial, and trusts and estates attorney, stepped into the managing partner role for the law firm as of Feb. 1, 2018. King … Read more

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BVI Students Receive Donated Copies of “Secret Code: British Virgin Islands”

TORTOLA. December 2017 – O’Neal Webster congratulates Mitsy J. Ellis-Simpson on the recent publication of her book, Secret Code: British Virgin Islands and her successful campaign to raise funds which put 658 copies in the hands of students and school resource … Read more

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BVI Private Client Global Guide

O’Neal Webster is pleased to announce its participation in the publication of The Legal 500 Private Client Global Guide. O’Neal Webster partners Christopher McKenzie, Willa Tavernier, and Vanessa King contributed the Q&A chapter on BVI taxes, succession laws, wills, trusts and … Read more

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BVI Rules Change for Non-Contentious Probate Now in Force

TORTOLA, British Virgin Islands, 28 November 2017 — O’Neal Webster is pleased to report that the Eastern Caribbean Court has adopted new, comprehensive, non-contentious probate rules for the British Virgin Islands. The new rules, which came into force on 1 … Read more

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Significant Progress Made: New Developments for the BVI Financial Services Sector

We are pleased to report that significant progress is being made in restoring the financial and legal services available on Tortola. The backlog of past filings has now been cleared; the BVI’s online incorporations system, VIRRGIN, is fully functioning; regulatory … Read more

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BVI Financial Services Centre and Commercial Courts Update

Tortola, British Virgin Islands 22 September Update Dear Clients, Associates and Friends, We are pleased to report that the BVI’s international business and finance centre is making significant progress towards restoring business as usual. BVI financial services are up and … Read more

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Advising the Family Business Through Economic or Emotional Disruption

Grief, shock and the resulting shift in family and business dynamics could be a catalyst for economic and emotional disruption within a family business. What can you do, either to prepare in advance or to react after the event, to … Read more

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STEP Interview with Vanessa King

This 60-Second Interview was conducted by The Society of Trust and Estate Practitioners and was first published on STEP.org, August 29, 2017. Q: How and why did you get involved with STEP? Christopher McKenzie, the first Chair of the British … Read more

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Five O’Neal Webster Attorneys Named to Private Client Directory of Globally Recommended Wealth Managers and Advisers

TORTOLA, July 1, 2017 — O’Neal Webster is pleased to announce that five partners were named to Citywealth’s 2017 Leaders List, the private client directory of recommended wealth managers and advisers. Individuals are nominated by their peers or organizations and … Read more

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BVI’s Updated Beneficial Ownership Reporting Regime Takes Effect

The British Virgin Islands will implement its new beneficial ownership reporting regime on July 1, 2017, by virtue of the recently passed Beneficial Ownership Secure Search System Act, 2017, (BOSSs), which comes into force on June 30, 2017. The Act … Read more

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BVI Supports Two Million Jobs Globally, Says Independent Report

June 2017, TORTOLA—New data released June 21, 2017 show that the British Virgin Islands financial services industry supports roughly two million jobs in global investment and trade, worldwide. The independent study by Capital Economics found that the BVI mediates over … Read more

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Alert: Extension of BVI CRS deadlines

The British  Virgin  Islands Government recently announced  the  extension of the 2017  deadlines  for  notification  and reporting obligations  under  the  Common  Reporting  Standard, or CRS. As a result, BVI financial institutions will now have until June 30, 2017 to register … Read more

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New Guidelines for Insolvency Cases Being Tested in The Eastern Caribbean Supreme Court

The Eastern Caribbean Supreme Court recently acted to increase coordination, cooperation, and communication among courts in cross-border proceedings of insolvency or debt adjustments, joining Singapore, Delaware, Bermuda, England and Wales, and the Southern District of New York in adopting the … Read more

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