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Banking & Finance

All posts and news related to offshore banking and finance in the BVI.

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BVI ITA Releases Economic Substance Rules

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O'Neal Webster
folder_openArticles, Banking & Finance, Christopher Simpson, Corporate & Commercial, Investment Funds & Regulatory, Kerry Anderson, News, Property & Business
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The International Tax Authority (ITA) in the British Virgin Islands (BVI) has now released the Rules on Economic Substance (the Rules) which provides guidance on the interpretation of provisions under the Economic Substance (Companies and Limited Partnerships), 2018 (the Act). …
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Interview with Vanessa King

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O'Neal Webster
folder_openArticles, Banking & Finance, Corporate & Commercial, Firm, News, Vanessa King
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Legal 500’s newly launched magazine, fivehundred, interviewed O’Neal Webster Managing Partner Vanessa King for the April 2019 edition, talking about talent retention, EU blacklisting, launching a New York office, building a thriving law firm team, and the difficulties of having…
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British Virgin Islands’ New Limited Partnership Act Offers Significant Changes

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O'Neal Webster
folder_openArticles, Banking & Finance, Corporate & Commercial, News
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Best-known for its stunning natural beauty—jewel-colored waters, soft sandy beaches, and lush mountain ridges—the British Virgin Islands also excels among her peers in the international financial services industry. Notably, the Territory is relentless in its pursuit of refining and advancing…
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BVI Capital Economics Study and History of International Trade Vindicates Offshore Centre

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O'Neal Webster
folder_openArticles, Banking & Finance, Corporate & Commercial, Investment Funds & Regulatory
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International Trade The history of trade can be traced back for thousands of years, from the early days of bartering to the introduction of money, and now, modern, complex trade and finance arrangements between individuals, countries, and international trade groups.…
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STEP Caribbean and Latin America Region Elects O’Neal Webster Partner Vanessa King as Deputy Chair

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O'Neal Webster
folder_openBanking & Finance, Corporate & Commercial, Firm, News, Vanessa King
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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…
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Investment Fund Managers “Brexit” to the BVI

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O'Neal Webster
folder_openArticles, Banking & Finance, Corporate & Commercial, Investment Funds & Regulatory
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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…
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