News and Articles

NEWS AND ARTICLES

BVI Statutory Mergers: A valuable tool for business combinations and restructurings globally

May 25, 2023

The BVI statutory merger process is recognized globally and has been used effectively for many years. However, today, more global entities increasingly use BVI statutory mergers in high-value cross-border transactions. This shift substantiates the BVI’s corporate regime, which is valued…

How to Secure Your Certification or Collective Trade Marks in the BVI

April 21, 2023

O'Neal Webster

A trade mark provides essential benefits, including legal rights, asset value and global protection for your business. For example, trade marks registered in multiple countries provide international protection for your brand and make it easier to take advantage of new…

Jenelle Archer Wins “Lawyer of the Year” at BVI Financial Services Awards

February 28, 2023

O'Neal Webster

We are thrilled to announce that O’Neal Webster partner Jenelle Archer was named “Lawyer of the Year” during the BVI Financial Services Awards 2022 held on February 15, 2023. The awards recognize leading people and firms in the British Virgin…

O’Neal Webster Partner Christopher Simpson Ranked by Prestigious Chambers and Partners Global Guide

February 20, 2023

O'Neal Webster

TORTOLA – Feb 20 2023 – O’Neal Webster is pleased to announce that Chambers Global Guide has named Partner Christopher Simpson in its 2023 edition as a ranked lawyer in area of British Virgin Islands Corporate & Finance, including Investment…

Virgin Territory | BVI Trusts & Estates

February 6, 2023

O'Neal Webster

By Christopher McKenzie For Trusts & Trustees published by Oxford University Press Abstract The British Virgin Islands has recently introduced a substantial number of reforms in relation to trusts and estates. These have been made in addition to those innovations…

European Court of Justice Judgement on Beneficial Ownership Registers

Judgment of the European Court of Justice justifies BVI’s approach to beneficial ownership registers

February 2, 2023

O'Neal Webster

The November 2022 European Court of Justice judgment rejecting the wholesale implementation of public registers of beneficial ownership in the EU has caused quite a stir globally, including within offshore financial centres such as the British Virgin Islands (BVI). It…

Guide to BVI Virtual Assets Service Providers Act, 2022

February 1, 2023

O'Neal Webster

In December 2022, the British Virgin Islands (BVI) enacted the Virtual Assets Service Providers Act, 2022 (the Act) which came into force on February 1, 2023. The Act introduces a formal supervisory framework for virtual assets service providers. The Act defines…

UN General Assembly Adopts Convention on the International Effect of Judicial Sales of Ships

January 31, 2023

O'Neal Webster

The United Nations General Assembly adopted the UN Convention on the International Effects of Judicial Sales of Ships on 7 December 2022. The Convention looks to ensure certainty on an international scale regarding legal aspects of a ship’s judicial sale.…

The British Virgin Islands | Benefits of BVI Ship Registration (Revised 2022)

December 5, 2022

O'Neal Webster

BVI Ship Registration Overview The Virgin Islands Shipping Registry continues to make strides in engaging the international community. In the past decade, the BVI has become a sturdy jurisdiction for international registrations. As a Category 1 Registry, many of the…