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Destination of the week

British Virgin Islands a true Caribbean treat By Ellen Creager, Detroit Free Press Among the loveliest of Caribbean destinations, the BVI and its island-studded aqua seas have long been a favorite of sailors looking for an idyllic getaway. But last…

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Popularity of approved fund surpasses initial expectations

By James Williams From Hedgeweek The challenge for any aspiring hedge fund start-up has been well documented in recent times. Year after year, the barriers to entry rise. Five years ago, the onset of global regulation prompted industry commentators to…

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Ogier is named Caribbean Law Firm of the Year 2016

Ogier has been named Caribbean Law Firm of the Year 2016 by Citywealth. Ogier’s Private Client and Trusts team spans the Caribbean, the Channel Islands and Asia, specialising in advising trustees, private banks and ultra-high net worth clients. This cross-jurisdictional…

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Islamic finance continues to grow in the British Virgin Islands

By Ian Montgomery and Hamish Masson From Harneys The British Virgin Islands (BVI) remain the most popular interna- tional financial center for incorporating companies due to it be- ing tax-neutral and politically stable with a flexible legal system based on…

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The BVI and Cayman Islands are tax-neutral jurisdictions. What does this mean for your fund?

By Natalie Bell From The Offshore Funds Blog The BVI and Cayman are often referred to as “tax neutral” and you might have been told that, for this reason, it would be advantageous to establish your fund in either jurisdiction….

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Internet exchange points critical to the Caribbean digital economy, says BVI minister

From Caribbean News Now ROAD TOWN, BVI — Caribbean nations need to strengthen their Internet infrastructure if the region is to take full advantage of the global digital economy. This was the view expressed by Caribbean Telecommunications Union (CTU) vice…

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Applicability of Ancient English Statutes in Common Law Offshore Jurisdictions

From Harneys But although most people are aware of the potential applicability of the old common law, what people tend to be less cognisant of is the effect of ancient English statutes. September 2015 Most offshore jurisdictions use every effort…

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iNews Briefs, More & Community Events

Community Events WED OCT 7 Next Wednesday is Quiz Night. CARE – Cayman Animal Rescue Enthusiasts SAT OCT 10 8th Annual CISPA Gala “Back to the Future-Celebrating 45 years of excellence” Date: 10/10/2015 Time: 6:30 PM Ritz Carlton Seven Mile…

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on new pink titanium coin

British Virgin Islands features iconic flamingo on new pink titanium coin By Michael Alexander From Coin Update The Treasury of the British Virgin Islands has launched a new series of coins featuring one of the Caribbean’s most recognizable and vibrant…

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US House passes bill to level charter yacht playing field between USVI and BVI

From Caribbean News Now WASHINGTON, USA — The Coast Guard Reauthorization Act, which includes the US Virgin Islands six-passenger exemption, passed the House of Representatives with an overwhelming vote of 413-3. The bill was authored by House Transportation Committee Chairman…