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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Protect Your BVI Business Company Assets

For years, the BVI Business Companies Act has provided an attractive and appropriate vehicle to hold property in the BVI and abroad, many finding it a particularly useful strategy in estate planning. But persons who neglect their BVI Business Company … 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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Jamaica’s Consumer Protection Laws

This Q&A excerpt from Christopher Simpson on Jamaica’s consumer protection laws was first published in the Dialogue’s “Latin America Financial Services Advisor,” April 5, 2017. Q: Jamaica’s government is planning to create a new financial services consumer protection agency. Finance … Read more

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BVI Hosts International Disputes at New, State of the Art Arbitration Centre

There is no dispute that the 2017 hard-opening of the new ‘state of the art’ British Virgin Islands International Arbitration Centre signals the BVI’s intent to become the leading arbitral and dispute resolution destination in the Caribbean. The Centre, an … Read more

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Privy Council Offers Guidance on the Treatment of Non-Matrimonial Property in Divorce Proceedings

By Dr. Alecia Johns, Associate Attorney, O’Neal Webster The Privy Council handed down a December 2016 judgment in a matrimonial appeal from the British Virgin Islands which challenged the lower courts’ ruling on the division of property in divorce proceedings. … Read more

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UK Inheritance Tax Deadline Looms for “De-enveloping” your BVI Company

The UK Government’s recent consultation on tax reforms in respect of non-domiciled individuals, whether resident or not, has resulted in a shake-up of company law. The UK has announced that from April 6, 2017, residential property in the UK held … Read more

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O’Neal Webster Partner Vanessa King Elected to BVIFL Board of Directors

TORTOLA – Jan. 26, 2017 – O’Neal Webster is pleased to announce that Partner Vanessa King has been elected to the board of directors of BVI Finance Limited (BVIFL), formerly BVI Finance, for a term of three years. She has … Read more

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STEP Caribbean and Latin America Region Elects O’Neal Webster Partner Vanessa King as Deputy Chair

TORTOLA – Jan. 26, 2017 – O’Neal Webster announces that Partner Vanessa King has been elected Deputy Chair of the Society of Trust and Estate Practitioners’ (STEP) Caribbean and Latin America Region. She joins Chair Ivan Hooper of Uruguay, Secretary … Read more

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O’Neal Webster Partner Vanessa King earns STEP Founder’s Award for “Outstanding Achievement”

 Nov 24, 2016 – TORTOLA – British Virgin Islands-based law firm O’Neal Webster congratulates Partner Vanessa King as the recipient of the Society of Trust and Estate Practitioners’ ninth annual, prestigious Founder’s Award. The Award is presented to an individual … Read more

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Investment Fund Managers “Brexit” to the BVI

In the post-recession economy, investment managers are looking for increased flexibility and ways to maximise investor returns by minimising set up costs, government fees, and other related functionary and advisory costs. That is why many are now “Brexiting” to the … Read more

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Seven O’Neal Webster Lawyers Recommended by The Legal 500 Caribbean 2017

November 10, 2016 – Tortola – British Virgin Islands-based law firm O’Neal Webster announced today that the firm and seven lawyers in three key practice areas have been recommended by the editor of The Legal 500 in the 2017 Caribbean … Read more

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BVI House Asia’s trust seminar held at the Hong Kong General Chamber of Commerce

Private Trust Companies – The Best of Both Worlds was the topic of BVI House Asia’s trust seminar, held November 2, 2016 at the Hong Kong General Chamber of Commerce’s Conference Room. The seminar, attended by more than 80 lawyers, trust practitioners … Read more

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Five O’Neal Webster Partners recognized in Citywealth’s IFC 2016 Leaders Lists

Oct. 2016, TORTOLA – The prestigious 2016 Citywealth IFC Power Women Top 200 List and 2016 Leaders List (Lawyers) recently recognized five O’Neal Webster Partners. The IFC Power Women recognizes 200 of the most powerful women in government, private wealth, … Read more

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Private trust companies: how to obtain the best of all worlds

By Christopher McKenzie, Partner, O’Neal Webster (UK) LLP (October 2016) Abstract This article considers why private trust companies are currently so popular, various structuring issues which those setting up private trust companies should take into consideration, and the private trust companies … Read more

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BVI Beacon Profiles O’Neal Webster Attorney, Dr. Alecia Johns

The BVI Beacon:  Thursday, September 8, 2016 BUSINESS PROFILE of Alecia Johns: O’Neal Webster Dr. Alecia Johns joined O’Neal Webster last year after receiving her doctorate degree in human rights law from the University of Oxford. Dr. Johns, a Jamaican … Read more

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Onshore vs Offshore – is there really a battle?

Over the past few months the issue of offshore jurisdictions and the role they play in the global economy has come under extreme scrutiny, especially from onshore governments seeking to increase tax revenues. The recent Panama Papers Leak has only … Read more

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Trust and Estates Partner Christopher McKenzie Recognized in Chambers and Partners Inaugural High Net Worth Guide

BRITISH VIRGIN ISLANDS, June 27, 2016 – O’Neal Webster partner Christopher McKenzie, a well-known name in the BVI trust market, has been ranked in Chambers and Partners’ inaugural High Net Worth Guide, published June 2016. Based in O’Neal Webster’s London … Read more

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Give your family a lasting act of kindness—prepare your estate plan now

Creating a Last Will and Testament if you reside in the BVI is both good for you and your loved ones. Having a Will is the cornerstone of an estate plan and one of the most fundamental acts of kindness you … Read more

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