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The cryptosphere and arbitration in the British Virgin Islands
The BVI has significantly developed and promoted its role in international arbitration in the last decade. The BVI Arbitration Act (the Act), which is modelled on the UNCITRAL Model Law, came into force in 2014, shortly after the territory joined the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the Convention). In 2016 the BVI International Arbitration Centre opened its doors with its rules based on 2010 UNCITRAL Arbitration Rules. It is a modern and familiar framework that links the BVI to the global arbitration community.
Read more The Cayman Virtual Asset (Service Providers) Act, 2020 (as amended) (the VASP Act) sets out a full regulatory registration and (from July 2021) licensing regime for...
Harneys
Insolvency law in the British Virgin Islands (BVI) is almost entirely codified in the Insolvency Act 2003 (the IA) and supplemented by the Insolvency Rules 2005. The IA...
Harneys
Insolvency law in the Cayman Islands is principally regulated by the Companies Act (2023 Revision) (the Companies Act) and the Companies Winding Up Rules (2023...
Harneys
Insolvency law in Bermuda is principally regulated by the Companies Act 1981 and the Companies (Winding-Up) Rules 1982, supplemented by a wide body of case law.
Harneys
With the focus on ESG, AIFMD II and ELTIF 2.0, anyone reading the title may say “surely the market knows what is required? Have we not moved past this question?”...
Harneys
BVI companies are among the most popular offshore holding structures in the world, and are popular throughout Asia-Pacific in particular. One common structure is to set...
Harneys
The recent decision by the European Union to temporarily add the BVI to its list of non-cooperative jurisdictions for tax purposes, otherwise known as the blacklist, may...
Harneys
Minority shareholder rights in the British Virgin Islands are codified under section 184I of the BVI Business Companies Act 2004 (as amended) (the BCA). Under this...
Harneys