IFC Caribbean 2021 - British Virgin Islands in Focus
Firewall Legislation In Gibral…
IFC Caribbean continues to be the only dedicated guide to international finance centres, including the British Virgin Islands. By featuring in-depth, technical analysis of recent trends and developments in the jurisdiction, IFC Caribbean is unique in positively promoting the BVI as a leading offshore financial centre by considering the jurisdiction’s expertise within the global wealth management industry.
1: Reference material:
Practical case studies and insightful interviews
Key legislation and amendments listed
Key tax treaties and international standards listed
2: Article/commentary piece: BVI Finance provides an update on key financial developments in the jurisdiction over the past year.
3: Interview with the BVI Financial Services Commission, in which they discuss how the jurisdiction is taking advantage of the wave of opportunities in the post-crisis environment.
4: Case Study:Trusts: The BVI government has introduced five new statutes making substantial changes to various aspects of trust and estate law. We look at the significance of these amendments within the private wealth sphere.
5. Technical Articles: Also featuring in depth technical articles examining recent developments and products offered within BVI’s financial arena including, but not limited to;
Funds: The BVI continues to ensure that investment structures in the region are regulated, with recent amendments made to legislation such as the Securities and Investment Business (Amendment) Act and the Private Investment Funds Regulations. We consider how the regulatory landscape in the BVI provides numerous options for fund managers.
FinTech:The BVI is constantly evolving to keep pace with the digital environment, including the recent introduction of a regulatory sandbox to support innovative FinTech. We consider other ways in which the jurisdiction is continuing to innovate in this space.
SPACs: The pandemic has resulted in a resurgence in the use of special purpose acquisition companies. As a flexible and stable jurisdiction, we look at how the BVI is well-positioned to take advantage of this trend.
Arbitration: In the current climate, arbitration has become a preferred method of dispute resolution and the BVI is an increasingly popular jurisdiction for arbitral proceedings. We look at the BVI’s role in international arbitration, with a particular focus on how Asian companies and HNWIs frequently use the jurisdiction’s legal expertise in dispute proceedings.