News and Articles

NEWS AND ARTICLES

Strong First Quarter Results for the BVI Financial Services Sector

June 19, 2026

The BVI has entered 2026 with strong momentum, as reflected in the latest Q1 Statistical Bulletin issued by the BVI Financial Services Commission, highlighting continued growth and resilience across the financial services sector. In the first quarter, 7,671 new companies…

Beneficial Ownership Information in the British Virgin Islands, Including Legitimate Interest Access

April 6, 2026

O'Neal Webster

Background The issue of beneficial ownership information for legal entities, and particularly whether such information should be publicly available and freely accessible has been a major issue for many countries around the world. Offshore financial centers, like the BVI, have…

O’Neal Webster Recognized in Chambers Global 2026 for BVI Dispute Resolution and Corporate & Finance, Including Funds

February 24, 2026

O'Neal Webster

BRITISH VIRGIN ISLANDS – O’Neal Webster has again been recognized in the Chambers Global Guide 2026 for the British Virgin Islands in Dispute Resolution and Corporate & Finance, including Funds. Ranked individuals include Paul Dennis, K.C., for Dispute Resolution and…

Benefits Abound: Unregulated BVI Segregated Portfolio Companies for Investors and Family Offices

February 12, 2026

O'Neal Webster

For investors and family offices operating internationally, managing risk while keeping structures simple is a challenge. The British Virgin Islands (BVI) offers a well-established solution: segregated portfolio companies (SPCs). An SPC is a single company that can be divided into…

BVI Merchant Shipping Act Limitation Claims: What you should know

February 10, 2026

O'Neal Webster

What is Limitation of Liability in maritime claims? Limitation of liability is a legal mechanism that allows a shipowner (or other entitled party) to cap their total financial exposure to maritime claims at a maximum amount, regardless of the actual…

BVI FSC updates statutory filing requirements – extension granted to certain companies and limited partnerships

January 28, 2026

O'Neal Webster

The BVI Financial Services Commission has as of December 24, 2025 approved an extension of the period during which existing entities formed prior to January 2, 2025 may file non-public Registers of Members (ROM), Registers of General Partners (ROGP), Registers…

O’Neal Webster Secures Appointment of Provisional Liquidators over Members of the Prince Group of Companies

January 28, 2026

O'Neal Webster

In January 2025, the O’Neal Webster team of Paul Dennis, K.C., Nadine Whyte Laing and Koya Ryan successfully applied on behalf of the Attorney General of the Virgin Islands, for the appointment of joint provisional liquidators over 30 BVI registered…

O’Neal Webster’s Litigation Department Welcomes Koya Ryan, Associate Attorney

January 7, 2026

O'Neal Webster

Tortola, British Virgin Islands. January 2025 – O’Neal Webster announces that Koya Ryan has joined the firm as an associate attorney in the litigation department. Her practice covers civil, commercial, insolvency, and cross-border disputes. She is admitted to practice in…

Ship Arrest: A Legal Mechanism in British Virgin Islands Maritime Law

September 2, 2025

O'Neal Webster

INTRODUCTION Ship arrest is a legal mechanism whereby a ship can be detained as security for a claim pending the outcome of court proceedings. It is a tool unique to maritime law that can have significant legal, financial and operational…