BVI Regulatory


Expertise > Jurisdictional Expertise > BVI > BVI Regulatory
Harneys is the only law firm in the British Virgin Islands with a dedicated regulatory law practice and the firm has over 15 years of experience with the BVI’s investment business regime. We are highly experienced in the provision of bespoke products to assist regulated and non-regulated persons alike meet their obligations.

Overview

Harneys has developed the market-leading regulatory practice in the BVI and we are the only law firm to have lawyers who specialise only in regulatory law. Our leadership in this area has put Harneys at the forefront of advising the governmental authorities and private sector on all aspects of the BVI financial services regulatory industry. With credible BVI regulatory experts across Asia, Europe and the BVI we bring greater resource to bear in complex and challenging matters.

Our Regulatory Group casts among its client base practically all market leading investment and private banking institutions in the US, UK, Europe and Asia. In addition we regularly advise the leading trust companies and asset managers based in the jurisdiction. We help our clients to obtain time sensitive, professional and commercially astute advice on BVI financial services law. As part of this we boast excellent relationships with the principal regulatory authorities including BVI Financial Services Commission, the BVI Financial Investigation Agency, the International Tax Authority, the Ministry of Finance and the Governor’s Office.

Beyond financial services, our other specialisms include taxation and tax information exchange – from TIEAs to FATCA, as well as all aspects of economic sanctions and asset freezing orders relevant to the Territory.
 

Services

  • Anti-money laundering and terrorist financing compliance
  • Risk management and compliance
  • Financial services regulation, licensing, capital adequacy, conduct of business
  • Economic sanctions – legal rights and obligations
  • Taxation and tax information exchange
  • US and UK FATCA

Related

BVI

Harneys’ depth of knowledge and experience in the BVI is unmatched. We have been an integral part of the British Virgin Islands’ development as a premier offshore centre since its inception and no team has a better understanding of the...Read More

FATCA

Our FATCA practice group provides practical and legal advice on the implications of FATCA and similar forms of automatic exchange of tax information.Read More

Investment Funds

Our Investment Funds practice is characterised by technical excellence, responsiveness and price transparency.Read More

Tax and Regulatory

Harneys has established a full-service regulatory practice and a highly qualified and experienced regulatory team. We provide regulatory advice in relation to BVI, Cayman Islands, Cyprus and Anguilla and we are the only law firm to have regulatory...Read More

Contacts

Oliver Bell
Oliver Bell

Partner
British Virgin Islands
Ayana Hull
Ayana Hull

Counsel
British Virgin Islands
Nadia Menezes
Nadia Menezes

Counsel
British Virgin Islands
Mirza Manraj
Mirza Manraj

Senior Associate
Hong Kong
Publications

Webinars

Doing Business in Iran: Balancing the Risks and Opportunities 

Articles & Updates

BVI exempts certain categories of people from work permit requirements 
BVI enacts legislation to change work permit fee calculation 
BVI's new beneficial ownership regime to take effect on 1 July 2017 
Getting financial services licensees in shape for the Caribbean FATF inspection 
BVI signs multilateral memorandum with Group of International Financial Centre Supervisors 
BVI Court protects basic rights of persons subject to tax investigations 

Guides

BVI and Cayman companies and UK property investments – a perfect match? 
Key benefits of using BVI structures 

Recent Experience

Harneys advises on the first global real estate crowdfunding platform in China