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O’Neal Webster advises Masplay on its acquisition of Nike de Chile Ltda

O’Neal Webster acted as British Virgin Islands counsel to Masplay, S.A. and its wholly owned subsidiary Equinox Los Andes SPA on its multimillion-dollar acquisition of Nike de Chile Ltda. Masplay is the leading Andean region marketer and distributor of athletic…
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The Latest Developments in the BVI’s Business-Friendly Corporate Law Regime 

The Business Licensing Act, 2022, which supplements the Virgin Islands Investment Act passed in 2021, has recently been enacted (August 2022). These two acts collectively aim to increase investment by providing new opportunities for local and foreign businesses in the…
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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…
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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,…
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AMENDMENTS TO THE BVI’S PRIVATE TRUST COMPANY REGULATIONS 2021

Since the BVI’s Financial Services (Exemptions) Regulations, 2007 (as amended, “the PTC Regulations”) came into effect, the BVI has become the jurisdiction of choice for private trust companies. Over one thousand such companies have so far been established. Background The…
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O’Neal Webster Successfully Defends Eastern Caribbean Central Bank in Multi-Million Dollar Claim

TORTOLA, BRITISH VIRGIN ISLANDS, May 5, 2021 – The O’Neal Webster legal team of Paul Dennis, Q.C. and Nadine Whyte Laing successfully defended the Eastern Caribbean Central Bank against claims in excess of US $200m in total, brought by the…
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O’Neal Webster Receives “Best Corporate Social Responsibility” Award

TORTOLA, April 7, 2021 – O’Neal Webster is pleased to be recognized by peers in the BVI financial services industry, receiving the 2020 Financial Services Award for exhibiting the “Best Corporate Social Responsibility.” Presented by BVI Finance, the elaborate virtual…
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