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BVI Approved Managers – Managing Investments Globally

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets
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In 2023, it was estimated that the value of assets under management by hedge funds was in the region of US $5 trillion. Increasingly, offshore jurisdictions such as the British Virgin Islands (BVI) feature in the structures used by onshore…
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Is My Vessel Eligible for BVI Registration?

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O'Neal Webster
folder_openA. Hermia Tench, Articles, Shipping & Admiralty
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Virgin Islands Shipping and Maritime Authority’s 2025 List of Eligible Jurisdictions for Vessel Registration The Virgin Islands Shipping and Maritime Authority (VISMA) has released an updated list of jurisdictions whose nationals and corporate entities are now eligible to register vessels…
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New beneficial ownership requirements in the British Virgin Islands: a trust-worthy perspective

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O'Neal Webster
folder_openAkita Alexander-Mercer, Articles, Christopher McKenzie, Corporate & Commercial, Trusts & Estates
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By Chris McKenzie and Akita Alexander-Mercer Trusts & Trustees, published by Oxford University Press, June 20, 2025 Following the Caribbean Financial Task Force’s Mutual Evaluation Report, a number of changes to the British Virgin Islands’ (BVI) trust and corporate legislation…
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Statutory filing extensions announced for existing BVI Companies and Limited Partnerships

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial, Kerry Anderson, Vanessa King
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Road Town, Tortola, British Virgin Islands – The BVI Registrar of Corporate Affairs has announced a six-month extension of the period for the statutory non-public filing of (i) the register of members, information on director services provided, and beneficial ownership…
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Twenty Tips and Tricks for BVI Trustees and Registered Agents – Part Three

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O'Neal Webster
folder_openArticles, Christopher McKenzie, Trusts & Estates
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The following is the third of a four-part series written by Chris McKenzie. (See Part 1 here and Part 2 here.) Eleven The need to avoid referring to a settlor’s letter of wishes in a trust instrument Only rarely would…
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Applicability of Drelle v Servis-Terminal LLC in the British Virgin Islands  

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O'Neal Webster
folder_openArticles, Corporate & Commercial, Litigation, Paul Webster
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On January 21, 2025, the Court of Appeal in England in Valeriy Ernestovich Drelle v Servis-Terminal LLC (Drelle)1ruled that a debt based on a foreign judgment that has not been recognised in England cannot be used to found an application…
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Twenty Tips and Tricks for BVI Trustees and Registered Agents – Part One

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O'Neal Webster
folder_openArticles, Christopher McKenzie, Trusts & Estates
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The following is the first of a four-part series written by Chris McKenzie One Underlying assets are not trust assets. One sometimes comes across provisions in trust deeds and other trust documentation which refer to the underlying assets of companies,…
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BVI Government Amends the BVI Charter Acts, in Effect June 1, 2025

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O'Neal Webster
folder_openA. Hermia Tench, Articles, Shipping & Admiralty
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The Government of the Virgin Islands has amended the Commercial Recreational Vessels Licensing Act, 1992 (the CRVL), the Cruise and Home Port Permit Act, 2001 (the CHPP), and the Customs Management and Duties Act, 2021 (the CMDA). The amendments, passed…
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