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Christopher Simpson

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BVI

O’Neal Webster Advises on JPY 3.8 Billion British Virgin Islands Plan of Arrangement

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O'Neal Webster
folder_openArticles, Banking & Finance, Christopher Simpson, Nadine Whyte, News
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O’Neal Webster has advised on a JPY 3.8 billion British Virgin Islands plan of arrangement which was recently approved by the Eastern Caribbean Supreme Court (British Virgin Islands) on April 6, 2020. Articles of arrangement were subsequently filed with the…
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BVI FSC Extends Annual Licence Fee Payment Deadline for Certain Licensees

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O'Neal Webster
folder_openBanking & Finance, Christopher Simpson, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets, Kerry Anderson, News, Property & Business
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An important notice came from the British Virgin Islands Financial Services Commission (the Commission) on March 23, 2020. The Commission acknowledged the possible business disruptions that the global pandemic COVID-19 may present for certain licensees in complying with the upcoming…
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The Substantive Issue of Economic Substance: A BVI perspective

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets
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By Christopher Simpson, O’Neal Webster The issue of economic substance is not a new one. More and more, modern companies coupled with new technology and trading practices challenge the notion of “economic substance” for value creation in the traditional sense…
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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 & Digital Assets, 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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BVI Companies and their Registered Agents: A critical relationship

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial
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A sometimes overlooked, yet critical, aspect of a British Virgin Islands (BVI) company is the role of its registered agent. Only a registered agent can incorporate a BVI company, and they are essential in its ongoing maintenance. Registered agents are…
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O’Neal Webster announces new Partner

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O'Neal Webster
folder_openChristopher Simpson, Firm, News
O’Neal Webster is delighted to announce that leading corporate counsel Mr. Christopher Simpson has joined the firm’s partnership. Christopher joined O’Neal Webster in 2010 and his practice focuses primarily on corporate and commercial, banking and finance, and investment funds.  He also advises…
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Why more investment fund managers are turning to the BVI

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O'Neal Webster
folder_openArticles, Christopher Simpson, Investment Funds, Regulatory & Digital Assets, Kerry Anderson
Investment funds are a significant part of the global capital markets industry. Onshore jurisdictions play an unrivalled role, but increasingly offshore jurisdictions such as the British Virgin Islands (“BVI”) feature in the structures used by onshore investment managers to cater…
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