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British Virgin Islands

Conyers

From Void Acts to Personal Liability: the UKSC on BVI Director Accountability

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When is a former director liable for post-liquidation fiduciary breaches? The UK Supreme Court’s decision in Mitchell and another (Joint Liquidators of MBI International & Partners Inc (in Liquidation)) v Sheikh Mohamed Bin...more

Conyers

Cayman Foundation Companies and BVI Web3 Entities – Regulatory Audits

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Regulators in key offshore centres are actively engaging Web3 structures. The Cayman Islands Monetary Authority (CIMA) has begun issuing supervisory letters to Cayman foundation companies....more

Conyers

Top 5 British Virgin Islands Publications of 2025

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The most-read publications out of our British Virgin Islands office in 2025 reflect readers’ continued interest in the evolving legal, regulatory and commercial landscape of the jurisdiction....more

Conyers

Top 5 Asia Pacific Publications of 2025

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The Conyers Hong Kong and Singapore offices produced rich and varied content in 2025. The topics that resonated most with readers in the Asia-Pacific region came from our Corporate, Investment Funds, Private Client and Trust...more

Conyers

BVI Litigation 2025 Reflection (Part 2) – Directors’ Inspection Rights after Intimere v Papanikolaou

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On 4 June 2025, the BVI Court of Appeal dismissed an appeal in Intimere Holdings Ltd & Hellicorp Investments Ltd v Katina Papanikolaou (BVIHCMAP2022/0031), confirming that a director’s right under section 100(1) of the BVI...more

Carey Olsen

British Virgin Islands digital assets - December 2025 update

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Our British Virgin Islands update explores how the Virtual Assets Service Providers Act (the "VASP Act") does not currently regulate the primary issuance of tokens and why this is beneficial to the jurisdiction's digital...more

Conyers

The Boundaries of Section 467: How Far will the BVI Court go to Assist Foreign Insolvency Proceedings?

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Part XIX of the Insolvency Act 2003 was introduced to support cross-border cooperation. Still, many years on, there is real debate about the reach of section 467 and how far the court will go to help foreign proceedings....more

Walkers

Beyond the contract: The modern reach of equity in corporate relationships

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Like the English Insolvency Act 1986, and in common with multiple jurisdictions across the common law world, including Australia, New Zealand, Hong Kong, Singapore, Malaysia, India, Ireland, Bermuda and the Cayman Islands,...more

Conyers

Single Investment Funds in the British Virgin Islands – Can They Be a Solution to Time-Sensitive Trading?

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In this article, we will explore how BVI single investment funds can provide a quick and cost-effective solution for managers looking to capture time-sensitive investment opportunities....more

Conyers

Why set up a tokenized investment fund with a BVI approved manager?

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In this article, we will explore the strategic advantages of setting up a tokenized investment fund under the Approved Manager Regime in the British Virgin Islands (BVI)....more

Conyers

Private Client & Trust MENA Bulletin

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Welcome to the latest edition of the Conyers Private Client & Trust MENA Bulletin. In this Bulletin, we offer practical guidance on private wealth structuring tools for HNWIs and their families in the Middle East....more

Conyers

No Role for “Gymnastics” in the BVI Courts

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The Commercial Court of the BVI has discharged a worldwide freezing order (WFO) obtained ex parte by Eletson Corporation and Eletson Gas LLC (together, Eletson) against Levona Holdings Ltd and Tropical Island International...more

Walkers

The CFATF recognises the significant progress that the BVI has made to improve its compliance with the FATF's 40 Recommendations

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The CFATF has published the 2nd Enhanced Follow-up Report in relation to the BVI. The CFATF has upgraded the BVI's technical compliance rating in relation to four of the FATF's 40 Recommendations....more

Carey Olsen

A guide to blockchain and cryptocurrency laws and regulations 2026: British Virgin Islands (GLI chapter)

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Regulatory clarity in the digital assets and crypto space continues to be a moving target. Yet, the interest among policymakers and regulators worldwide has never been more pronounced....more

Conyers

Conyers Investment Funds Report | Q3 2025

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This edition of the Conyers Investment Funds Report provides a variety of updates and insights relevant to the investment funds space in the Cayman Islands, British Virgin Islands, and Bermuda....more

Conyers

Guide: BVI Approved Managers for Separately Managed Accounts (SMAs)

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This guide provides a brief overview of the British Virgin Islands (the “BVI”) Approved Investment Manager regime and its suitability and attractiveness for use with Separately Managed Account structures (“SMAs”). Separately...more

Conyers

The Hong Kong Re-domiciliation Regime: Considerations for Cayman Islands, British Virgin Islands, and Bermuda Companies

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The introduction of the new Hong Kong re-domiciliation regime marks a significant development in the region’s corporate landscape. The regime allows eligible entities to transfer their place of incorporation to Hong Kong...more

Conyers

A Practical Guide to BVI VISTA Trusts for Clients in the Middle East

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Trusts established under the British Virgin Islands’ special trust regime are referred to as “VISTA Trusts”. VISTA Trusts are a form of trust unique to the BVI with special features that make them particularly attractive to...more

Conyers

BVI Incubator and Approved Funds

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British Virgin Islands (“BVI”) Incubator Funds and Approved Funds provide innovative and low-cost vehicles for emerging managers and start-up funds to build a track record and launch funds under less stringent regulatory...more

Conyers

Guide: BVI Approved Managers

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This guide provides a brief overview of the Approved Investment Manager regime established under the Investment Business (Approved Managers) Regulations (the “Approved Manager Regulations”) enacted under the Securities and...more

Carey Olsen

British Virgin Islands investment funds - Autumn 2025 update

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Briefing Summary: Our investment funds team outline the latest developments within the investment funds market in the British Virgin Islands, including the BVI Financial Services Commission for Q2 and changes to the current...more

Conyers

Landmark BVI Derivative Application Win Paves the Way for Hong Kong Proceedings

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Conyers is pleased to announce that following a highly contested and vigorously opposed two-day hearing on 25 and 26 June 2025, the BVI High Court granted a significant victory to Mr Ma, Kwok Leung, to commence derivative...more

Walkers

Are you looking to register a virtual asset service provider

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The global regulatory landscape for virtual asset service providers (VASPs) is changing faster than ever. With regulators sharpening their focus on anti-money laundering and counter-terrorist financing obligations, the...more

Walkers

British Virgin Islands: Crypto-asset regulation

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The body in the British Virgin Islands (BVI) that regulates crypto-assets and related services is the Financial Services Commission (FSC). As the principal regulator of the financial services industry in the BVI, the FSC's...more

Conyers

BVI Corporate Review – Q2 2025

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As outlined in our Q1 2025 review, important amendments to BVI company law came into effect as of 2 January 2025, including a requirement to file beneficial ownership information through the VIRRGIN system maintained by the...more

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