Legal News
In addition to publishing newsletters on a regular basis, Loeb Smith issues advisories and alerts to keep our clients informed of breaking news and legal developments. To receive our publications, please email [email protected].
5 Jan 2023
BVI Business Companies Act changes are now in force with effect from 1 January 2023
The Business Companies (Amendment) Act, 2022 which amends the BVI Business Companies Act, 2004, came into force on 1 January 2023.
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8 Dec 2022
Economic Substance in the Cayman Islands - tips to remain compliant
The Cayman Islands introduced the International Tax Co-operation (Economic Substance) Act in response to the work carried out by the European Union and the OECD on 'fair taxation' and international tax practices.
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30 Nov 2022
Practical Considerations on the Transfer of a Loan Portfolio and Security Interests where a BVI or a Cayman Islands entity is involved
In the context of a reported increasing number of bond defaults by property developers in the People’s Republic of China and also the reported growing prevalence of non-performing debt due to rising interest rates across Asia, lenders have progressively...
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31 Oct 2022
Key Features and Benefits of a BVI Approved Fund
Under the Securities and Investment Business Act, 2010 of the British Virgin Islands, the Financial Services Commission of the British Virgin Islands offers a range of investment business licenses and other services.
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