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Ogier | British Virgin Islands | 8 Jun 2023
New Eastern Caribbean Supreme Court Civil Procedure Rules welcomed by practitioners in BVI Commercial Court
The Eastern Caribbean Supreme Court released new Civil Procedure Rules in April 2023, to take effect from 31 July 2023. The changes follow the most comprehensive review of the rules since they first came into force. The new rules are a welcome development for all practitioners in the BVI Commercial Court as they further enhance the place of the BVI Commercial Court as a premier jurisdiction......
Campbells | British Virgin Islands | 7 Jun 2023
Dispute Resolution: British Virgin Islands
"Dispute resolution in the British Virgin Islands (BVI) continues to be dominated by litigation, which remains the enduring and clear preference for..."
Ogier | British Virgin Islands, Hong Kong, United Kingdom | 5 Jun 2023
Litigation funding in British Virgin Islands liquidations: practical guidance for liquidators
Currently, the British Virgin Islands has no legislative framework for regulating third party litigation funding. Until recently, the absence of such…
Ogier | British Virgin Islands | 1 Jun 2023
Forward-thinking British Virgin Islands welcomes VASPs
The implementation of new legislation relating to virtual assets in the British Virgin Islands earlier in 2023 provides evidence that this forward-thinking jurisdiction is welcoming service providers who have dealings in virtual assets (VASPs) and realise that, with the right anti-money laundering framework in place, there are many benefits to embracing VASPs. Once considered too risky, new......
HFW | British Virgin Islands, United Kingdom | 1 Jun 2023
Duties Owed By Directors Of BVI Companies In Liquidation
In Greig William Alexander Mitchell & Ors v Sheikh Mohamed Bin Issa Al Jaber & Ors the English High Court considered whether the duties owed by…
Global Arbitration Review | British Virgin Islands, Estonia, European Union, etc. | 31 May 2023
GAR Live: Stockholm 2023
Mourant | British Virgin Islands | 30 May 2023
Continuing obligations for BVI private and professional funds
BVI law imposes several on-going obligations on BVI regulated funds. The main continuing obligations for a BVI private and professional fund…
Ogier | British Virgin Islands | 30 May 2023
BVI VASP Act – be ready for the deadline
In the closing days of 2022, the British Virgin Islands enacted its long-awaited Virtual Asset Service Providers (VASP) Act 2022. Given the requirements for registration under the VASP Act, any affected virtual asset service provider which has not already submitted a registration application or is in process of doing so should now seek the necessary advice and begin the application process as......
Mourant | British Virgin Islands | 30 May 2023
BVI open-ended funds
The British Virgin Islands (BVI) is one of the most popular offshore jurisdictions for investment funds for the following reasons…
