Articles

  1. Home
  2. chevron_right
  3. Articles
  4. (Page 5)
BVI Trust Law

BVI Introduces New Reserved Power Trust Legislation

By Christopher McKenzie for Trusts & Trustees, Oxford University Press Background—why reserved power legislation has been enacted Many prospective settlors, especially those from jurisdictions or family backgrounds in which trusts do not feature,1 the establishment of a lifetime trust can…
Read More

BVI Financial Services Commission Announces New Arrangement for Regulated Oversight

The BVI Financial Services Commission issued a press release on June 28, 2022, informing practitioners of a significant change to its internal structure. A new Authorisation and Supervision Division (ASD) will replace the current Investment Business, Insurance, and Banking, Insolvency…
Read More

O’Neal Webster advises on multiple fund formations, conversions, and approved manager applications in first half of 2022

O’Neal Webster has advised on the formation or conversion of multiple open-ended British Virgin Islands investment funds in the first two quarters of 2022, whether as incubator, approved, or professional funds. And, a mix of funds structured as segregated portfolio…
Read More

New Rules for Charters and Small Cruise Ships Navigating Virgin Islands Waters

THE CRUISING AND HOME PERMIT ACT 2021 The British Virgin Islands Cruising and Home Permit Act, 2021 was passed in October 2021, replacing the Cruising and Home Permit Act (Cap203). This new piece of legislation regulates charter boat owners and…
Read More

BVI FSC Recognises Fusang Exchange as its First Digital Securities and Asset Exchange

The British Virgin Islands Financial Services Commission (FSC) has recently recognised Asia-based Fusang Exchange Ltd as its first digital securities and asset exchange. The Exchange was recognised by way of an amendment to the British Virgin Islands Regulatory Code (Recognised…
Read More
VASP Act 2022 BVI_View of Tortola

British Virgin Islands: A Country of Proud Landowners

By Willa Tavernier, O’Neal Webster BVI. What was once a group of islands thought to be settled by accident rather than by design, has now, rather aptly, been termed “the treasure under our feet.” The latter phrase was used by JR O’Neal, a noted…
Read More

Complimentary Webinar: BVI Investment Fund Products and Regulation of Virtual Assets

Please join O’Neal Webster Partners Kerry Anderson and Christopher Simpson on January 12, 2022 9:00 a.m. (AST) for a Zoom webinar on British Virgin Islands investment fund products and virtual asset regulations. The informative session will examine BVI incubator, approved, private, professional,…
Read More
Menu