Category Archives: News

Global Law and Business Publishes 4th Edition of “Trusts in Prime Jurisdictions”

As globalisation continues, opportunities are arising for practitioners in trust jurisdictions that did not exist a few years ago. Growth continues in the traditional trust jurisdictions, especially in civil law jurisdictions where trusts have previously been used in a limited … Read more

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Announcing: 2016 STEP Caribbean Conference in St. Lucia

Thought provoking, engaging and always leading edge, STEP CC16 —the Society of Trust and Estates Practitioners Caribbean Conference 2016— will showcase the best of the region along with some of the most interesting speakers in the global trust and wealth … Read more

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O’Neal Webster Earns Top Legal Adviser Status in Chambers Global for Corporate & Finance and Dispute Resolution

March 18, 2016 – TORTOLA – Once again, Chambers Global has recognized O’Neal Webster’s Corporate & Finance and Dispute Resolution practices in its 2016 edition. Also honored for their individual work were partners Vanessa King, Corporate & Finance and Trusts … Read more

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Business Companies Act Amendments Breakfast Forum

BVI Finance is hosting another installment in their breakfast forums series on March 9, 2016 from 8:00-9:30 AM. This forum will focus on the 2015 amendments to the BCA and is rightfully titled, “Business Companies Act 2015 Amendments, Cautions and Opportunities.” … Read more

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Ladysmith Black Mambazo: Signature event for H. Lavity Stoutt Community College accreditation celebration

The legendary, four-time Grammy award winning Ladysmith Black Mambazo will take the stage at the Eileene Parsons Auditorium at the H Lavity Stoutt Community College, Tortola on February 23rd and 24th 2016 as part of their world tour and the … Read more

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O’Neal Webster adds depth to BVI practice, welcoming attorneys Dr. Alecia Johns and Ms. Jenelle Archer to its legal team

25 January 2016 – Road Town, Tortola – The law firm of O’Neal Webster expanded their capabilities in its British Virgin Islands-based litigation, real estate, banking, business, and trust and estate practices, with the recent addition of attorneys, Associate Dr. … Read more

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O’Neal Webster Litigation Team Scores Major Win for BVI Electricity Corporation

Jan. 18, 2016 – TORTOLA BVI – O’Neal Webster’s litigation team, led by Partner Paul Dennis QC, extended its winning record with a major victory this week for the British Virgin Islands Electricity Corporation (BVIEC), the sole provider of electricity … Read more

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BVI Business Companies Act to be Further Enhanced

By Christopher Simpson, O’Neal Webster Partner. The renowned BVI Business Companies Act which came into effect 2005 and modernised the BVI corporate law regime promulgated under the earlier International Business Companies Act of 1984, is to be further enhanced through … Read more

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O’Neal Webster Partners, Willa Tavernier and Vanessa King, recognized for the third consecutive year in Citywealth’s IFC Power Women Top 200

Jan. 2016 – TORTOLA BVI – The prestigious Citywealth IFC Power Women Top 200 List has now been published for 2015, recognizing 200 of the most powerful women in government, private wealth, private client advisory, education, and philanthropy across the … Read more

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The Society of Trust and Estate Practitioners, BVI Branch, hosts first STEP BVI Conference for the financial services industry

13 October 2015 – ROAD TOWN, British Virgin Islands – The BVI Branch of STEP (the Society of Trust and Estate Practitioners), under the leadership of Chair and O’Neal Webster Partner, Ms. Vanessa King, hosted its inaugural conference—STEP BVI 2015—at … Read more

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Five O’Neal Webster Lawyers pinned as members of ‘Team BVI’ by BVI Finance

Five O’Neal Webster lawyers were formally pinned as members of Team BVI at a cocktail reception hosted by BVI Finance on 16th September, 2015. This event was held to celebrate and recognise the commitment of Team BVI members for their contributions to … Read more

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Paul Webster, Queen’s Counsel, O’Neal Webster Senior Partner, Appointed to Court of Appeal of The Eastern Caribbean Supreme Court.

Road Town, Tortola, British Virgin Islands – September 2, 2015 – BVI-headquartered law firm O’Neal Webster has today announced that Senior Partner and Queen’s Counsel Paul Webster, after a long and illustrious career at the private Bar, has been appointed … Read more

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BVI Launches Incubator Fund and Approved Fund

The British Virgin Islands (“BVI”) has recently launched two new and exciting investment fund products namely, the “incubator fund” and the “approved fund”. These new products were launched pursuant to regulations made under the Securities and Investment Business Act, 2010 … Read more

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BVI Financial Account Reporting System Launched

The British Virgin Islands International Tax Authority (ITA) has launched its BVI Financial Account Reporting System (BVIFARS). The system is now ready to accept enrolment applications from BVI Reporting Financial Institutions pursuant to the Intergovernmental Agreement between the BVI and … Read more

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Christopher McKenzie to provide Trust Update at STEP, London City Meeting on 18 May, 2015

O’Neal Webster partner; Christopher McKenzie, will be a guest speaker at the meeting of the STEP City Branch on Monday, 18 May 2015 at 6.00pm at the offices of Collyer Bristow 4 Bedford Row London WC1R 4TF. Christopher will provide … Read more

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Financial Services Commission relaxes restrictions on company names

This week (19 February, 2015), the Financial Services Commission removed restrictions on the use of the following words in the names of BVI Business Companies – “BVI”; “British Virgin Islands”; “Council”; “Ntl”; “Int”; “Intl”; “VI”; and “Virgin Islands” Prior to this … Read more

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Legal Update – BVI High Court Reinforces Rights of Mortgagees Exercising Power of Sale

In BVIHCV 2013/128 Betteto Frett v National Bank of the Virgin Islands (the Bank), the BVI High Court reinforced the principle that injunctive relief would not be easily granted against a bank validly exercising their power to sell real property … Read more

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O’Neal Webster announces new Partner

O’Neal Webster is delighted to announce that leading corporate counsel Mr. Christopher Simpson has joined the firm’s partnership. Christopher joined O’Neal Webster in 2010 and his practice focuses primarily on corporate and commercial, banking and finance, and investment funds.  He also advises … Read more

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Christopher McKenzie recognised in Who’s Who Legal, 2014

Christopher McKenzie has been recognised as a private client ‘Leading Individual’ by Who’s Who Legal: Private Client, 2014. This recognition presents the results of six months of independent worldwide research by Who’s Who Legal with both clients and peers. Who’s Who Legal … Read more

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Partner, Christopher McKenzie to present STEP BVI training sessions on BVI Trust Law during October

British Virgin Islands Branch We are pleased to announce that STEP BVI are hosting training sessions on BVI trust law during October. O’Neal Webster partner, Christopher McKenzie will be the guest presenter at these sessions entitled: VISTA trusts, PTCs and … Read more

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