Changes to the Cayman Islands Beneficial Ownership Regime
The current beneficial ownership regime in place in the Cayman Islands will be consolidated into the Beneficial Ownership Transparency Act, 2023.
Mergers and Consolidations in the Cayman Islands
This article discusses the differences between mergers and consolidations in the Cayman Islands.
New CIMA Rule and Statement of Guidance for corporate governance – Mutual Funds and Private Funds
On 14 April 2023, CIMA published a new Rule and Statement of Guidance for corporate governance for Mutual Funds and Private Funds.
Restoration of a Cayman Islands company
Where the Registrar of Companies (“Registrar”) has reasonable cause to believe that a Company (i) is not carrying on business or (ii) is not in operation, the Registrar may strike the Company off the Register of Companies (the “Register”).
The BVI VASP Act
The aim of this article is to help explain and simplify a complex, technical piece of legislation, the BVI VASP Act.
Updates on BVI Schedule of Filings and Regulatory Deadlines
An overview of what you need to know about the British Virgin Islands’ schedule of filings and regulatory deadlines.
Cayman Islands Investment Funds
Over the past 25 years, the Cayman Islands has become a pre-eminent jurisdiction for the formation of alternative investment funds, with around 13,000 regulated open-ended funds and 16,000 regulated closed-ended funds.
Companies Act (2023 Revision)
The Companies Act of the Cayman Islands was updated and came into force on the 12th of January 2023 with the publication of the Companies Act (2023 Revision).
Compulsory reporting of BVI Companies Holding UK Property by 15th August 2022
By August 15th, 2022 BVI Companies Holding UK Property are must register with the UK Companies of House.
Thinking outside the box: Using a BVI/Cayman Islands incorporated company in Hong Kong
In this explainer, we discuss what you need to know about sing a BVI/Cayman Islands incorporated company in Hong Kong.
Are You Prepared?: The Importance of BVI Succession Planning – what works and what doesn’t
In this blog, our lawyer Barry Mitchell discusses the importance of BVI succession planning.
Joint Venture between Dragon Victory and Antalpha
BGA Law Hong Kong, led by Resident Partner Barry Mitchell with the support of Associate Wenyan Xu, acted as BVI Counsel for Dragon Victory International Limited (NASDAQ: LYL, Dragon Victory) in relation to a joint venture named Metalpha Limited (Metalpha).
Update on enhancements to BVI Private Trust Company law
The British Virgin Islands (“BVI”) has had a clear and cogent Private Trust Company (“PTC”) regime, since new legislation was introduced in the Territory in 2007.
Update on Amendments to Economic Substance Law
The Economic Substance (Companies and Limited Partnerships) Act, 2018 (“ESA”) became effective in the BVI on 1 January 2019.
Fund Annual Return filings for Private Funds
The Cayman Islands Monetary Authority (“the Authority”) has published the Private Fund FAR Form (“FAR Form”) for all funds registered with the Authority under the Private Funds Act (“Private Funds”).