Regulatory Advice

Our Experience

We regularly advise trust company, banking, fund and investment businesses on the application of financial services law and regulation in the BVI.

Our Services

We can assist you with:

  • establishment and conduct of Funds Services businesses in the BVI;
  • establishment and conduct of Trust Company businesses in the BVI;
  • licence applications;
  • anti-money laundering;
  • regulatory investigations;
  • meetings and corresponding with the BVI Financial Services Commission;
  • tax information exchange agreements; and
  • regulatory compliance.

Our Approach

We understand our clients often need simple, no-nonsense, pragmatic solutions to complex regulatory problems. For that reason, projects are always Partner-led and the most cost-effective team is agreed in advance for each matter. Doing business in the BVI may not be straightforward at times. We will work with you to guide you through the process of establishing your business and we will support your business as it grows.

Our Experts

Philipp Neumann

Group Partner

Our Publications

Insolvent Trusts

British Virgin Islands – Deadline Fast Approaching- Have You Already Obtained Regulatory Approval for Your BVI Closed Ended Fund

With the passing of the Securities and Investment Business (Amendment) Act, 2019 (the “Amendment Act”), the British Virgin Islands (BVI) introduced a new regulatory regime applicable to most closed-ended funds.
05/06/20

Insolvent Trusts

Common Reporting Standard (CRS) – Compliance of BVI Financial Institutions under Scrutiny by BVI International Tax Authority

As previously communicated in a briefing note, the BVI enacted the BVI Mutual Legal Assistance (Tax Matters) Amendment Act, 2018 (the Act) which directly impacted upon CRS reporting obligations on several levels.
19/05/20

Insolvent Trusts

Islas Vírgenes Británicas – Fecha Límite Aproximándose: ¿ya Obtuvo La Aprobacion Reglamentaria De Su Fondo Cerrado?

Con la aprobación de la Ley de Negocios de Valores e Inversiones (Enmienda), 2019 (la “Enmienda”), se introdujo en Islas Vírgenes Británicas (“BVI”) un nuevo régimen normativo aplicable a la mayoría de los fondos cerrados (Closed-ended funds).
23/06/20

Insolvent Trusts

Bvi Aeoi Update and Common Reporting Standard (Crs) – New Requirements

Towards the end of 2018 the BVI enacted the BVI Mutual Legal Assistance (Tax Matters) Amendment Act, 2018 (the Act) which directly impacted upon CRS reporting obligations.
19/05/20