O’Neal Webster is one of the leading What rights does an application confer? How long does a registration last? commercial law firms in the BVI.
Over the last few years, the fund industry in the British Virgin Islands (BVI) has seen rapid growth.
The British Virgin Islands (BVI) is the world’s second largest off- shore fund domicile with close to 3,000 registered funds and growing.
O’Neal Webster acted as BVI counsel to Mercantil Colpatria, S.A. on this transaction, led by Christopher Simpson.
If you a trader, financial analyst or other financial technocrat and are thinking of setting up a fund, then the British Virgins Islands is probably your best bet.
It was the start of a new era for the British Virgin Islands (BVI) when the Virgin Islands Special Trust Act 2003 (VISTA) was enforced on 1 March 2004.
Read the full document on BVI legal and regulatory framework – insight for offshore private equity investors (Worldwatch (Private Equity) – Financier Worldwide Magazine) (August 2010)
Under BVI law, the assets of a deceased person situate in the BVI can only be dealt with by a person authorised to do so under BVI law.
The Securities and Investment Business Act, 2010 (“SIBA”) and the accompanying Mutual Funds Regulations, 2010 came into effect on May 17, 2010 and have replaced the Mutual Funds Act, 1996.