From insolvency to innovation: The BVI leads the conversation

These events were a fantastic reminder of the relevance of this jurisdiction to the global legal industry. Delegates from all over the world, including the UK, Europe, the US, Asia, and the Caribbean, descended on the BVI, making it the heart of international discussion on pressing topics such as insolvency, fintech innovation, regulatory developments, and disputes.
INSOL BVI Seminar
Hosted on Peter Island, INSOL BVI delivered compelling discussions on insolvency and restructuring in an offshore context, with insights tailored to real-world challenges. Topics ranged from director liabilities in a globalised business world to redefining practices with innovative solutions. Attendees and speakers alike included some of the brightest legal and financial minds, creating an unparalleled forum for collaboration.
Fintech on the Seas
Fintech on the Seas solidified the BVI’s position as a hub for fintech innovation. It demonstrated the deep knowledge of its professionals (and those from other jurisdictions that work in close collaboration with the BVI) in advising and assisting Fintech businesses and highlighted the flexibility and adaptability of both its regulatory framework and the approach of its courts.
For Harneys, it was a particularly active conference. Eight of our lawyers, representing BVI, Cayman, and Europe, attended and participated in multiple key panel discussions across both days. Their contributions highlighted Harneys’ expertise in navigating complex legal landscapes in the fintech industry. Notable presentations included:
Ayana Hull shared insights on the BVI Advantage in the Global Virtual Assets Space and addressed AML & International Considerations for VASPs (Virtual Asset Service Providers).
James Kitching explored the Regulatory Implications of Token Issuance.
David Mathews provided a forward-looking perspective on Decentralized Autonomous Organizations (DAOs).
Christopher Pease offered practical advice on mitigating risks and how professional experts and the court system can step in to assist when needed. He was able to draw from his first-hand experience in liquidating a DAO through a court-appointed receivership process (a first of its kind).
Aki Corsoni-Husain added to the robust discussions with a Fireside Chat on global regulatory frameworks.
Adding a little levity to the intellectually charged discussions, resident Necker Island lemurs paid surprise visits to the panels, proving that innovation isn’t the only thing thriving in the BVI.
Showcasing expertise and innovation
For the BVI, hosting such high-profile conferences reflects the territory’s global significance in financial services and its ability to convene some of the brightest minds in law, technology, and business.
Pervading both conferences was the theme of innovation and adapting to the ever-changing challenges faced by our clients. As a jurisdiction, BVI has proven its resilience and ability to be at the forefront of change in global finance and legal services.
The conferences were a huge success. Harneys celebrates and is grateful for the efforts of all of the organisers and the engagement and keen participation of delegates.
For Harneys, contributing to these conferences reinforces our mission of delivering superior service and innovative legal solutions. We excel at using our expertise to guide clients through the complexities of global financial markets and new technologies.
Interested in how Harneys can help your business stay ahead of the innovation curve? Get in touch today.