• BVI Asia
  • Virgin Gorda
  • ARIFA
  • Sol Petroleum
  • Oil nut bay
  • BEYC
  • Conyers
  • Harneys
  • Jewel
  • Moorings
  • Nagico
  • Rosewood
  • VP Bank
  • YCCS
  • Business BVI, National Bank of British Virgin Islands
  • Business BVI, National Bank of British Virgin Islands
  • AhRiise, Rolex
  • Village Cay
  • The Success and Challenges of BVI House Asia

    Kate Mullan | BVI Business Weekly
    August 6, 2014

    With the first anniversary of the opening of BVI House Asia fast approaching, Business BVI interviewed Elise Donovan, Director of BVI House Asia, about the successes and challenges of leading the BVI's latest foray into the Asian marketplace.

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  • 8 Alarming Ways That Hackers Infiltrate Your Mobile (And How To Stop Them)

    Guy Phoenix | BVI Business Weekly
    July 31, 2014

    Corporate smartphones, tablet devices and laptops now have the computing power to process tasks preciously performed on secured PCs. Those PCs were (and are) protected by corporate firewalls, security software and policies. But what about mobile devices – don’t they need the same level of protection? What security vulnerabilities do they have and how can you protect them accordingly?

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  • Effects of a Mandatory Register of Beneficial Ownership

    Hamish Masson | BVI Business Weekly
    July 24, 2014

    The UK government has announced plans to establish a mandatory register of beneficial ownership, and the BVI has issued a consultation paper on the subject. Whilst it is unclear if such a publicly available register of beneficial ownership will actually be introduced, the possibility raises a number of questions – one of which concerns the impact such a register would have on taking security over shares issued by a BVI company.

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  • 4 Ways to Make the Most of Slow Tourism Season for Your Business

    Kate Mullan | BVI Business Weekly
    July 16, 2014

    With slow season fast approaching, Business BVI advises you to get your business in order and ready for the start of next season with these 4 important tips.

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  • British Virgin Islands' National Risk Assessment Scheduled

    Mirza Manraj | BVI Business Weekly
    July 10, 2014

    The British Virgin Islands (BVI) is scheduled to undergo its Fourth Round of Mutual Evaluation by the Caribbean Financial Action Task Force (CFATF) in 2017 based on the Financial Action Task Force’s (FATF) International Standards on Combating Money Laundering and the Financing of Terrorism and Proliferation.

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  • Understanding Data Leakage Prevention for Business Owners

    Gregory Lemmon | BVI Business Weekly
    July 4, 2014

    Data Loss/Leakage Prevention (DLP) is an organisation's ability to prevent or control what type of data is allowed to leave its computing network by the use of a combination of policies, technology and end user training. The increasing regulatory landscape along with much more targeted cyber-attacks are two of the key factors driving the need for Data Loss/Leakage Prevention measures.

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  • Financial Services Commission: Evolving & Adapting to the Competitive Demands of the Global Marketplace

    Kate Mullan | BVI Business Weekly
    June 27, 2014

    Reforming and renewing legislation is an integral part of any Financial Services regulatory body; ensuring that they are not just keeping up to date, but moving beyond the industry standard and positioning the BVI as a leader in the Offshore Financial Services sector. Recently, legislation on Arbitration laws were updated in the BVI and now the focus turns to laws surrounding Intellectual Property. The Financial Services Commission is making the BVI a more desirable place to do business, evolving and adapting to the competitive demands of the global marketplace.

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  • The World of Women Offshore

    Kate Mullan | BVI Business Weekly
    June 20, 2014

    Borne out of the realization that women network differently, work differently and require a specific work culture, different from that of men, women’s networks are becoming a necessity throughout the corporate world. They are a safe space where women can learn from the success and advice of their peers and role models, a place where they can remove their perfect façade that many feel pressured to put on in their day-to-day work life.

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  • Backup My Data? Yes, Yes {Yawn}

    Guy Phoenix | BVI Business Weekly
    June 12, 2014

    “Well I suppose I should backup my data in case my PC fails”.

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  • Privy Council Ruling on Major BVI Hedge Fund Case: Fairfield Sentry

    Claire Robey | BVI Business Weekly
    June 5, 2014

    The Privy Council in London recently handed down judgment on two preliminary issues relating to the liquidation of one of the BVI’s largest feeder funds into Bernard Madoff’s infamous investment company, BLMIS. The decision provides much needed certainty for investment funds in the BVI – including those in liquidation who face similar thorny issues of construction; those looking for guidance on the meaning of their own governing documents; and for those drafting governing documents. Harneys acted for a lead group of investors in the matter.

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  • Challenging the Slow Season: Creating New Niches in the Tourism Industry

    Ria O'Hagen | BVI Business Weekly
    May 29, 2014

    Recently, Dive BVI organized the 3rd Annual Virgin Gorda Half Marathon & 6 Mile Run/Walk. The race took place on May 17th and was a huge success with over 80 participants. Owner and General Manager of Dive BVI, Casey McNutt is passionate about running and decided to start the Dive BVI Race Series after competing in the Blenheim Trust 5k on Tortola. During the run she realized that Virgin Gorda would be an ideal location for such an event. With its quieter roads and stunning views, Virgin Gorda has a lot to offer the athletic community.

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  • Tackling E-Waste in the Caribbean

    Guy Phoenix | BVI Business Weekly
    May 21, 2014

    Like many people arriving to live in the Caribbean from the UK (and no doubt many other countries), I was dismayed to find the lack of awareness and emphasis on recycling in the Caribbean. That was five years ago when I moved to the British Virgin Islands, and I’m pleased to say that things are beginning to change.

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  • The Best of Business BVI Online

    Kate Mullan | BVI Business Weekly
    May 15, 2014

    We looked back at our most popular articles from Business BVI Online, covering a wide range of topics, from a how to guide on starting your own business; to unearthing undiscovered niche markets in the tourism industry; to tech advice; just to name a few.

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  • Are We Creating Barriers, Not Solutions, in the BVI’s Financial Industry?

    Kate Mullan | BVI Business Weekly
    May 9, 2014

    Whilst the BVI is well known for a large incorporation portfolio, the golden egg of our financial services, are we in danger of stagnation in the global finance arena?

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  • Swim The Sound: More Than Just a Race

    Ria O'Hagen | BVI Business Weekly
    April 23, 2014

    Virgin Islands Search and Rescue (VISAR) is the only organisation in the British Virgin Islands dedicated to saving lives at sea; providing 24 hour coverage, 365 days per year. VISAR operates through a network of highly trained volunteers and works closely with the local emergency services. The organisation is funded entirely by charitable contributions and receives no government funding. VISAR crew members train and respond to emergencies in their own time, with no reward other than knowing that they provide a valuable service to the Virgin Islands.

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  • Arbitration: A Golden Opportunity for the BVI

    Kate Mullan | BVI Business Weekly
    April 17, 2014

    In a two part series, Business BVI investigates new potential products and services within the BVI’s Financial Services industry.

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  • The Serious Dangers of Using Windows XP & Office 2003

    Guy Phoenix | BVI Business Weekly
    March 26, 2014

    Microsoft will cease to support Windows XP after April 8, 2014. Support for Microsoft Office 2003 will also end on that date. This means that from April 8th onwards, Windows XP and Office 2003 will become a ‘soft target’ for hackers.

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  • Rotary’s Grand Affair

    By Kate Mullan | BVI Business Weekly
    March 13, 2014

    One of the oldest non-profit organizations in the BVI, the Rotary Club of Tortola was established here in 1968 and with nearly 50 years of philanthropic work in the local community, Rotary Club is still going strong.

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  • The Real Cost of Tortola’s Infrastructural Issues

    By Kate Mullan | BVI Business Weekly
    February 20, 2014

    Our infrastructure is holding back our tourism industry, damaging our real estate value and hindering our economy.

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  • Celebrating Literary Culture in the Virgin Islands

    By Ria O'Hagen | BVI Business Weekly
    February 13, 2014

    "Literature adds to reality, it does not simply describe it. It enriches the necessary competencies that daily life requires and provides; and in this respect, it irrigates the deserts that our lives have already become."

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  • Easing Congestion in Road Town

    By Kate Mullan | BVI Business Weekly
    February 5, 2014

    As anyone who takes part in the Road Town rush hour can tell you, fighting the congestion is no mean feat. With commuters pouring in from all directions, traffic can become gridlocked all the way from Waterfront Drive to Port Purcell. Side lanes are deftly navigated by those in the know (i.e. everyone) to the point of being backed up as well, adding to the effect of a slow, frustrating commute.

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  • Four Hot BVI Tourism Trends for 2014

    By Kate Mullan | BVI Business Weekly
    January 30, 2014

    When asked, why do people come to the BVI, we instantly think of beautiful islands, stunning white beaches and azure bays. However, beyond our gorgeous scenery we have much more to offer. Adventure tourism such as Canopy Tours, sports fishing and kite-boarding, or cultural tourism with BVI festivals throughout the year. Some of our niche tourism sectors are already being developed in the BVI, others are just beginning and others are yet to be exploited.

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  • What You Missed from BVI Business Outlook Conference 2014

    By Kate Mullan | BVI Business Weekly
    January 23, 2014

    Last Wednesday Scrub Island Resort was bustling with high-powered business men and women; all attending the BVI Business Outlook 2014 Conference.

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  • Oversize Expectations for the Airbus A380

    By JAD MOUAWAD | NYTimes
    August 9, 2014

    To get a sense of the Airbus A380’s size and ambition, walk up the grand staircase of an Emirates version of the aircraft, past the showers and the first-class suites and then through endless rows in business class to the bar at the back of the upper deck. This sleek semicircle, alluringly underlit and fully stocked with pricey spirits like Grey Goose vodka, is undoubtedly one of the defining features of this aircraft, which can hold more than 500 passengers. The plane dwarfs every commercial jet in the skies.

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  • Obama on the World

    By Thomas L. Friedman | NYTimes
    August 8, 2014

    President Obama’s hair is definitely grayer these days, and no doubt trying to manage foreign policy in a world of increasing disorder accounts for at least half of those gray hairs. (The Tea Party can claim the other half.) But having had a chance to spend an hour touring the horizon with him in the White House Map Room late Friday afternoon, it’s clear that the president has a take on the world, born of many lessons over the last six years, and he has feisty answers for all his foreign policy critics.

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  • Interior Brazilian cities poised to ignite next wave of growth: BCG

    By Joe McCarthy | luxurydaily.com
    June 5, 2014

    A new report by Boston Consulting Group argues that Brazil’s interior market, the cities outside of major metropolitan areas, are underserved by companies across sectors and consumers there have nearly 20 percent more disposable income on average than their primary city counterparts.

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  • Populists’ Rise in Europe Vote Shakes Leaders

    By ANDREW HIGGINS | NYTimes
    May 26, 2014

    BRUSSELS — An angry eruption of populist insurgency in the elections for the European Parliament rippled across the Continent on Monday, unnerving the political establishment and calling into question the very institutions and assumptions at the heart of Europe’s post-World War II order.

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  • NEVER FORGET SOMEONE'S NAME AGAIN WITH THIS MEMORY TRICK

    BY VIVIAN GIANG | fastcompany.com
    May 21, 2014

    EVER MEET SOMEONE AT A SOCIAL EVENT AND IMMEDIATELY FORGET THEIR NAME? TRY THIS TECHNIQUE FOR UNDERSTANDING AND USING MEMORY'S NATURE TO YOUR ADVANTAGE.

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  • After Fed, Bernanke Offers His Wisdom, for a Big Fee

    By ALEXANDRA STEVENSON | NYTimes
    May 20, 2014

    On Tuesday, Ben S. Bernanke spoke in Abu Dhabi; on Wednesday, he was in Johannesburg. By Friday, he was in Houston. That week in March was a particularly busy one for Mr. Bernanke, the former chairman of the Federal Reserve.

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  • McConnell Win Leads Night of Victories for G.O.P. Establishment

    By JONATHAN MARTIN | NYTimes
    May 20, 2014

    WASHINGTON — Senator Mitch McConnell of Kentucky decisively turned back the first well-financed Republican primary opponent he had faced since being elected in 1984, defeating a Tea Party-backed conservative who claimed the Senate minority leader had been too willing to compromise with Democrats.

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  • Alarm Over Istanbul’s Building Boom

    NYTimes
    May 20, 2014

    ISTANBUL — “We are invading Istanbul again,” the real estate agent said enthusiastically as she ticked off the selling points of Turkey’s most ambitious development extravaganza to date: Maslak 1453.

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  • Nobu Hotel Set to Open in London

    caribbeannewsdigital.com
    May 18, 2014

    Nobu Hospitality has revealed an aggressive expansion plan with new hotel properties in development in the most exciting global markets; ranging from Eden Roc Miami to City of Dreams Manila to Chicago and Riyadh amongst others. Today, Nobu Hospitality is excited to announce its first European hotel, the Nobu Hotel Shoreditch in London.

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  • Credit Suisse Pleads Guilty in Felony Case

    By BEN PROTESS and JESSICA SILVER-GREENBERG | NYTimes
    May 19, 2014

    Credit Suisse has done what no other bank of its size and significance has done in over two decades: plead guilty to criminal wrongdoing.

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  • Jimmy Choo brings back bespoke cobbling with traveling service

    By Sarah Jones | luxurydaily.com
    May 19, 2014

    British footwear label Jimmy Choo is giving customers the opportunity to make the shoe of their dreams with a new customization section in-store.

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  • Luxury hotels dive into summer offers following Memorial Day

    By Joe McCarthy | luxurydaily.com
    May 19, 2014

    Memorial Day weekend acts as a gateway into the effusive and exploratory nature of summer for many consumers.

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  • BlackBerry’s Partnership With Foxconn Signals Shifting Priorities

    BBy JOE COCHRANE and IAN AUSTEN | NYTimes
    May 18, 2014

    JAKARTA, Indonesia — Indonesians have long loved BlackBerry devices. When the company introduced a new phone two and a half years ago, a crowd at shopping mall here became so unruly — in part because of a half-price offer for the first 1,000 buyers — that riot police were rushed in to stand by.

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  • South Korea to Disband Coast Guard, Leader Vows

    By CHOE SANG-HUN | NYTimes
    May 18, 2014

    SEOUL, South Korea — President Park Geun-hye of South Korea vowed on Monday to disband her country’s Coast Guard, saying that South Korea owed “reform and a great transformation” to hundreds of high school students who died in a ferry disaster last month.

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  • West African Nations Set Aside Their Old Suspicions to Combat Boko Haram

    By MAÏA de la BAUME and ALISSA J. RUBIN | NYTimes
    May 17, 2014

    PARIS — The heads of state of five West African countries, including Nigeria, met Saturday with Western officials and agreed to share intelligence and strengthen military cooperation to combat the regional threat from the extremist Islamist group Boko Haram, which abducted more than 200 schoolgirls in northern Nigeria last month.

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  • In Taking Crimea, Putin Gains a Sea of Fuel Reserves

    By WILLIAM J. BROAD | NYTimes
    May 17, 2014

    When Russia seized Crimea in March, it acquired not just the Crimean landmass but also a maritime zone more than three times its size with the rights to underwater resources potentially worth trillions of dollars.

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  • Victor in India Promises to Make Country Strong

    By GARDINER HARRIS | NYTimes
    May 17, 2014

    NEW DELHI — Narendra Modi, the man expected to become India’s next prime minister, swept into the capital on Saturday morning in a triumphal procession to the colonial bungalows here that still serve as India’s power center and promised that he “will try to make India self-reliant and strong.”

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  • San Antonio Mayor Julián Castro Is Said to Be HUD Pick in Cabinet Reshuffling

    By JONATHAN MARTIN and PETER BAKER | NYTimes
    May 17, 2014

    WASHINGTON — President Obama is preparing to nominate Mayor Julián Castro of San Antonio as his new secretary of housing and urban development, elevating one of his party’s Hispanic rising stars as part of a cabinet shuffle that has possible implications for the 2016 presidential race, Democrats informed about the plans said on Saturday.

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  • Narendra Modi’s Ambitious Agenda Will Face Difficult Obstacles

    By ELLEN BARRY | NYTimes
    May 16, 2014

    NEW DELHI — Addressing a euphoric crowd Friday afternoon, Narendra Modi rallied the public to join him in taking on challenges of a vast scale. He has floated the idea of building “a hundred new cities,” of extending a high-speed rail network across the subcontinent and undertaking the herculean task of cleaning the Ganges River.

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  • Full Recovery Still Years Away for Many in Euro Zone

    By LIZ ALDERMAN | NYTimes
    May 16, 2014

    PARIS — Despite recent optimism that Europe’s economy is finally turning a corner, a stark reality remains: The situation is still fragile.

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  • At Last, Recovery Heads Where the Fed Wants It

    By NELSON D. SCHWARTZ | NYTimes
    May 15, 2014

    The Federal Reserve finally seems to be getting what it wants.

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  • More Insured, but the Choices Are Narrowing

    BBy REED ABELSON | NYTimes
    May 12, 2014

    In the midst of all the turmoil in health care these days, one thing is becoming clear: No matter what kind of health plan consumers choose, they will find fewer doctors and hospitals in their network — or pay much more for the privilege of going to any provider they want.

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  • Pursuing AstraZeneca, Pfizer Pledges to Keep Jobs in Britain

    By CHAD BRAY | NYTimes
    May 12, 2014

    Updated, 7:37 p.m. | LONDON – Pfizer pledged on Monday to keep jobs in Britain if it succeeds in taking over the British drug maker AstraZeneca, and it questioned whether AstraZeneca can stand on its own much longer.

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  • Excellent rankings for Mourant Ozannes in IFLR1000 2015 directory

    Mourant Ozannes
    October 10, 2014

    Offshore law firm Mourant Ozannes has retained its position in the prestigious top tier of Channel Islands' law firms and risen up the rankings in the Caribbean according to the latest issue of the IFLR1000, published today.

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  • Maples and Calder's BVI Office Celebrates 10 Years

    Maples and Calder
    September 23, 2014

    Leading international law firm, Maples and Calder, marks a major milestone this month, celebrating its 10th anniversary in the British Virgin Islands.

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  • Mourant Ozannes team scoop top honours at The American Lawyer Global Legal Awards 2014

    Mourant Ozannes
    September 17, 2014

    Offshore law firm Mourant Ozannes has been honoured at the prestigious 2014 American Lawyer Global Legal Awards,winning the Global Finance Deal of the Year Grand Prize for the role that the firm played in a major international restructuring and insolvency matter in 2013.

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  • BUSINESS BVI LAUNCHES INAUGURAL REGIONAL ASIA CONFERENCE, IN HONG KONG

    Business BVI Asia
    September 15, 2014

    ROAD TOWN, Tortola – September 22, 2014 - Built around the theme, “Pivoting to Asia – The Pathway to New Opportunities”, Business BVI successfully launched its inaugural Regional Business BVI ASIA Conference in Hong Kong on September 11, 2014.

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  • Harneys releases video to mark 30th anniversary of BVI Legislation that shaped offshore finance

    HARNEYS
    July 16, 2014

    One of the most significant pieces of legislation to shape the global offshore finance sector will reach its 30th anniversary this summer. The British Virgin Islands' (BVI) landmark International Business Companies (IBC) Act, assented to in July 1984 and passed into law on 15 August 1984, gave rise to the BVI's finance industry and created a successful model which was emulated in other jurisdictions.

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  • Francis Lettsome Primary School marks Father's Day with special evening for school's dads

    HARNEYS
    June 19, 2014

    Fathers of Francis Lettsome Primary School students were encouraged to be present in the lives of their children during the second annual FLPS Father’s Appreciation Evening on Thursday, 12 June at Lambert Beach Resort.

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  • Mourant Ozannesvoted Best Offshore Law Firm at Hedgeweek USA Awards 2014

    Mourant Ozannes
    June 2, 2014

    Leading offshore law firm Mourant Ozannes has been voted the Best Offshore Law Firm for the second year running at the 2014 Hedgeweek USA Awards.

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  • New Litigation and Insolvency Partner for Mourant Ozannes, Cayman Islands

    Mourant Ozannes
    May 20, 2014

    Leading offshore law firm, Mourant Ozannes, has announced that Christopher Harlowe has joined the firm as a partner in its Cayman Islands Litigation and Insolvency practice.

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  • BVI HOUSE ASIA HOLDS ‘MEET THE REGULATOR’ IN HONG KONG

    BVI House Asia
    May 15, 2014

    Hong Kong, 15 May 2014: More than 40 corporate service providers, lawyers and other financial services practitioners turned up at the Renaissance Harbour View Hotel forBVI House Asia’s first ‘Meet the Regulator in Hong Kong’ on Wednesday, May 14, 2014.

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  • KRyS Global takes a bite of the Big Apple.

    By Anna Keating | KRyS Global
    May 12, 20144

    KRyS Global, a firm dedicated to fraud investigation, dispute resolution and corporate recovery, is expanding its reach into the U.S. Market with the launch of a New York office on Monday 12th May 2014.

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  • Winners Awarded at 2014 BVI Spring Regatta and Sailing Festiva

    BVI Spring Regatta
    April 7, 2014

    Sunshine and 20-plus knot breeze welcomed the participants to the course on the final day at the 2014 BVI Spring Regatta and Sailing Festival in Tortola. Three consecutive days of great racing made for an exciting weekend for competitors, and the week-long festival drew more than 3,500 visitors to Nanny Cay.

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  • Conyers Dill & Pearman hires four new attorneys to its BVI office

    Conyers Dill & Pearman
    March 26, 2014

    Conyers Dill & Pearman’s British Virgin Islands (BVI) office has recently added four attorneys. Joining the corporate group are James Baillieu and Oliver Richardson, with Adam Hinks and Murray Laing starting in the litigation and restructuring team.

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  • IAM Jet Centre Tortola, an exclusive new boutique FBO, is now open at TB Lettsome International Airport (TUPJ).

    IAM Jet Centres
    March 20, 2014

    IAM Group Managing Director, Paul Worrell, says " Tortola is the centre point of the British Virgin Islands, serving as the official seat of government as well as the gateway for the territory's world reknowned international financial services industry and its spectacular marine tourism - featuring amazing gem-like islands scattered in every direction and set in pristine turquoise water.

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  • Canada Ratifies TIEA with BVI

    Robert J.D. Briant, Anton Goldstein | Conyers Dill & Pearman
    March 11, 2014

    The Canadian government has ratified a Tax Information Exchange Agreement (TIEA) with the British Virgin Islands (the “BVI”), paving the way for significant tax benefits for Canadian companies that establish subsidiaries in this jurisdiction.

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  • Harneys continues global expansion with Singapore office

    Harneys
    March 11, 2014

    Harneys will expand its global footprint with the opening of its seventh office, in Singapore, on 7 April 2014. Colin Riegels, head of Harneys’ banking and finance practice group, will relocate from Hong Kong to Singapore as the Managing Partner of the new office, and he will be joined by Hong Kong funds Partner Lisa Pearce.

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  • Maples Advises Epic Gas on US$75m Private Placement

    MAPLES
    February 3, 2014

    Maples and Calder acted as British Virgin Islands counsel to Epic Gas Ltd. on its private placement of 9,375,000 new shares at a subscription price of US$8.00 per share, raising US$75 million. The shares were registered on the Norwegian Over The Counter list in Oslo on 6 February 2014.

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  • New Year Boost to Current Management Team for KRyS Global

    KRyS Global
    February 3, 2014

    February 3rd 2014: KRyS Global, a firm dedicated to corporate recovery, asset tracing, insolvency, forensic accounting and business advisory services, today announced the appointment of Timothy Ward as its new Chief Executive Officer. Tim’s appointment as CEO will allow the firm to focus its resources to becoming the best offshore asset recovery firm operating offshore. This will reinforce the existing management structure and will enable Kenneth Krys, former CEO, who will become Executive Chairman of the firm, to direct his attention to the strategic, business development and risk management elements of the firm.

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  • Leading private client lawyer to join Mourant Ozannes

    Mourant Ozannes
    January 29, 2014

    Jim Edmondson will join Mourant Ozannes' award-winning International Trusts & Private Client practice as a consultant based in London and will lead that practice from 1 September 2014 when current head, Douglas Close, steps down after three years in the post. Jim Edmondson, who was until May 2013 head of Farrer & Co's private client practice, and joint senior partner, and who has acted in a consultancy role for that firm since then, will join Mourant Ozannes with effect from 1 May 2014.

    Click here to view
  • STATEMENT BY PREMIER AND MINISTER OF FINANCE DR. THE HONOURABLE D. ORLANDO SMITH, OBE DURING THE THIRD SITTING OF THE THIRD SESSION OF THE SECOND HOUSE OF ASSEMBLY OF THE VIRGIN ISLANDS AT THE HOUSE OF ASSEMBLY

    Medium Term Fiscal Plan
    December 17, 2013

    Click here to view