Christopher McKenzie

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Illusory trusts in the British Virgin Islands and section 86 of the BVI’s Trustee Act

The laws of the BVI The principles of English common law and equity form part of British Virgin Islands (BVI) law and would be applied by the BVI’s courts, except to the extent that they have been modified by statute.…
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Virgin Territory | BVI Trusts & Estates

By Christopher McKenzie For Trusts & Trustees published by Oxford University Press Abstract The British Virgin Islands has recently introduced a substantial number of reforms in relation to trusts and estates. These have been made in addition to those innovations…
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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…
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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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BVI Business Company

MITIGATING BVI BUSINESS COMPANY DISRUPTION

Structure your BVI company shareholding to eliminate or reduce delays associated with probate Ease of operation and flexibility are two of the most attractive features of a BVI business company (BVIBC). However, the death of a shareholder can cause disruption…
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Trust and Estates Partner Christopher McKenzie Recognized in Chambers and Partners Inaugural High Net Worth Guide

folder_openChristopher McKenzie, News, Trusts & Estates
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BRITISH VIRGIN ISLANDS, June 27, 2016 – O’Neal Webster partner Christopher McKenzie, a well-known name in the BVI trust market, has been ranked in Chambers and Partners’ inaugural High Net Worth Guide, published June 2016. Based in O’Neal Webster’s London…
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