British Virgin Islands
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Alternative Investment Funds Comparative Guide for the jurisdiction of British Virgin Islands, check out our comparative guides section to compare across multiple countries
The Mutual Funds Regulations, 2010 (the Mutual Funds Regulations) (the "Mutual Funds Regulations") and Securities and Investment Business (Incubator and Approved Funds)...
The British Virgin Islands (BVI) has introduced a new regulatory regime for the recognition of private investment funds.
In response to the requirements of the European Union ("EU"), the BVI has recently enacted the Securities and Investment Business Act, 2019 and the related Private Investment Funds Regulations, 2019.
On 18 February 2020, the Economic and Financial Affairs Council announced that the British Virgin Islands (BVI) has moved to the ...
This advisory summarises the key features of the Law and the Guidelines and their likely impact on closed-ended funds and their managers.
In line with BVI's commitment to stay at the forefront of 'international legislation and EU compliance', the BVI enacted the Mutual Funds (Amendment) ...
The British Virgin Islands government recently passed new legislation affecting the funds industry. In particular, the new BVI Securities and Investment Business (Amendment) Act, 2019 ...
Funds of an open-ended nature carrying on business in or from within the British Virgin Islands ("BVI") have long been regulated...
With the enactment of the Securities and Investment Business Act, 2019, the British Virgin Islands has for the first time introduced a regulatory regime to regulate close-ended funds.
Discipline is one of the key traits of any successful fund manager – sticking to the core investment strategy and avoiding style drift.
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 ...
Your usual Maples Group contact will be able to assist you in making these determinations.
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The ESA also amends the BVI's Beneficial Ownership Secure Search System Act, 2017 ("BOSS Act") to add to the existing requirements such that a legal entity and its Registered Agent
The collapse of an investment fund affected by a fraud will often lead to disputes between the investors who were paid out before the discovery of the fraud, the investors who gave notice to redeem ...
The draft Economic Substance Code has now been published by the ITA and contains rules and guidance from the ITA with regard to the application of the Economic Substance (Companies and Limited Partnerships) Act 2018.
Succession planning for offshore incorporations, particularly those where companies are controlled by one individual, needs careful consideration.
It is anticipated that the International Tax Authority (the "ITA") of the British Virgin Islands will soon issue its Economic Substance Code (the "Code").
As part of BVI's continued commitment to remain at the forefront of international legislation and EU compliance, the BVI enacted the Securities and Investment Business (Amendment) ...