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Biography

Ayana Hull
Ayana Hull Harneys front portrait image

Ayana is recognised as a “leading individual” in the British Virgin Islands Regulatory and Compliance rankings and a "new generation partner" in the British Virgin Islands Investment Funds rankings.

Legal 500, 2023

Ayana Hull

Head of BVI Private Wealth and Regulatory | Private Wealth | British Virgin Islands
+1 284 852 2553 ayana.hull@harneys.com
Biography

Ayana Hull is head of our Private Wealth and Regulatory practice groups in the BVI. She has over 15 years of experience practising BVI commercial law and provides invaluable support to those seeking to invest or own assets in the BVI, including large scale development and infrastructure projects. Clients rely on her detailed knowledge of BVI legislation, her regulatory and commercial know-how and her strong relationships with government and regulatory bodies. As part of her role as a key advisor to investors into the BVI, she provides guidance on a wide range of matters including, private and commercial property acquisition and disposal ...

Ayana Hull is head of our Private Wealth and Regulatory practice groups in the BVI. She has over 15 years of experience practising BVI commercial law and provides invaluable support to those seeking to invest or own assets in the BVI, including large scale development and infrastructure projects. Clients rely on her detailed knowledge of BVI legislation, her regulatory and commercial know-how and her strong relationships with government and regulatory bodies. As part of her role as a key advisor to investors into the BVI, she provides guidance on a wide range of matters including, private and commercial property acquisition and disposal, company structuring, trade licences, non-belonger landholding licences, work permits, employment matters and immigration requirements. Ayana also advises on data protection, trademarks and copyright-related matters, as well as on BVI shipping, including registration of new builds, acquisition and finance and charter and crew employment agreements.

Ayana’s clients also include banks, insurance companies, funds and fund managers, advising them on restructurings and the impact of BVI regulatory legislation on their investment vehicles. As a member of the firm’s FinTech Group, she regularly handles a variety of digital asset related enquiries and advises on the impact of BVI regulatory legislation on virtual asset provider services being structured through BVI companies together with the AML/CTF risks attendant to BVI structures involved in this digital space.

Prior to joining Harneys in 2013, Ayana practised in the corporate, commercial, funds and regulatory areas in the British Virgin Islands. She also acted as in-house counsel to the BVI Financial Services Commission and its regulatory divisions. Ayana is the current chairperson of the BVI Financial Services Commission Securities, Investment Business Act Advisory Committee as well as a member of the BVI Financial Services Commission FinTech Advisory Committee. She is the immediate past Chairman of the National Parks Trust and a past Chairman of the Telecommunications Regulatory Commission. She is also a notary public in the British Virgin Islands.

Outside of her professional life, she is very active in the BVI community and is an author of several books, an avid sport and fine arts enthusiast. She continues to bring awareness to the importance of the financial services industry in the BVI and to this end, she authored Financial Services deMystified, a textbook commissioned by the BVI Government for implementation in BVI secondary schools. She is also the author of the Territorial Song of the Virgin Islands, Oh Beautiful Virgin Islands!

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Recommendations

Ayana is recognised as a leading individual in the British Virgin Islands Regulatory & Compliance rankings (2023 – 2024 guides). She was recognised as a next generation partner in the BVI Investment Funds rankings (2022 - 2023 guides), and was recommended in the BVI rankings (2019).

Ayana is recognised as a leading individual in the British Virgin Islands Regulatory & Compliance rankings (2023 – 2024 guides). She was recognised as a next generation partner in the BVI Investment Funds rankings (2022 - 2023 guides), and was recommended in the BVI rankings (2019).

Ayana is recognised as a highly regarded lawyer.

Ayana is recommended in the Corporate Tax - Advisory guide.

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England and Wales (not practising)
2004

British Virgin Islands
2004

Inns of Court School of Law
2004

University of Cambridge (LLM)
2003

Florida State University (BSc)
1996

Ayana is recognised as a “leading individual” in the British Virgin Islands Regulatory and Compliance rankings and a "new generation partner" in the British Virgin Islands Investment Funds rankings.
Legal 500, 2023

Authored by Ayana

Regulatory Blog
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BVI announces new work permit exemptions
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BVI Cabinet approves new Belonger Status and Permanent Residence Policy
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BVI FIA issues updated MLRO notification form
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New Whistleblower Act now in force in the British Virgin Islands
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Changes to the BVI’s Non-Belonger Land Holding Licence policy announced
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Safeguarding stakeholders: The surge in public statements from BVI FSC
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BVI FSC introduces the External Relations Unit
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BVI VASP Update
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BVI publishes AML Risk Assessment 2022
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FSC Act amended to provide for further regulatory powers and fee changes
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BVI Regulator updates on FATF’s recent public statements
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BVI Virtual Assets Service Providers Act 2022 is now in force
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BVI financial services fees regime updated
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BVI FSC’s statistical bulletin and enforcement actions for Q3 of 2022
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Important amendments to BVI’s banks and trust companies regime – enhanced principal office requirements
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BVI and UK monitoring the implications of the ECJ’s ruling on Beneficial Ownership Registers
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BVI FSC publishes statistical bulletin for Q2 of 2022
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BVI publishes its first proliferation financing risk assessment
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BVI empowers its International Tax Authority to issue administrative penalties and take other enforcement action
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BVI calls for feedback on proposed Virtual Assets Service Providers Bill 2022
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BVI virtual asset service providers must comply with BVI AML regulations from 1 December 2022
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BVI Governor’s Office provides guidance on UK Overseas Territories sanctions
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Harneys advises on the BVI FSC’s second successful admission to the Regulatory Sandbox
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BVI Licensees: June 2022 filing deadlines
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BVI Mutual Funds June regulatory deadlines
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BVI Incubator and Approved Funds: June and July Filing Deadlines
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BVI Approved Manager: June filing deadline
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Prudential and Statistical filing deadlines for BVI Licensees
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Harneys advises on US$900 million acquisition of Triple-S by GuideWell
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BVI regulator reminds the industry about consolidated financial regulations and acts
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Cruising and Home Permit Act 2021
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FATF’s updated guidance to Virtual Assets and Virtual Asset Service Providers
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BVI Legislative review - Probates (Resealing Act) 2021 and the Administration of Small Estates Act 2021
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BVI FIU informs the industry about its new powers to impose fines
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Harneys lends a helping hand with the return of the annual free BVI Wills drive
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BVI introduces data protection regime
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BVI introduces data protection regime
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BVI licensees: Deadline extended for submission of AML/CFT Returns
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BVI FSC issues Q4 2020 Statistical Bulletin
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BVI regulator issues new rules and standards for insurance companies
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BVI regulator issues notices on COVID-19
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Important changes to the prudential reporting regime for BVI licensees
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BVI FSC announces its new managing director
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A Harneys farewell to Dr Robert Mathavious, OBE
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BVI: New MLRO Notification Form
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Global Fintech Regulatory Rapid Assessment Study due to Covid-19
Article
BVI launches regulatory sandbox regime to facilitate FinTech innovation
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BVI Sandbox Regulations to facilitate FinTech innovation
Article
A COVID-19 relief measure – stamp duty waiver on sale or transfer of property in BVI
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BVI FSC’s virtual “Meet the Regulator”
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Update to the new withholding tax on BVI money remittance firms
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Enactment of the Financial Services (Exceptional Circumstances) Act 2020
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BVI Reporting FIs – Have you got your AEOI policies and procedures in place?
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Financing and Money Services (Amendment) Act 2020 is brought into force
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Your BVI legal COVID-19 questions answered
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BVI extends FATCA and CRS reporting deadlines due to COVID-19 and reporting issues with the BVIFARs portal
Article
Property sales and rentals in the British Virgin Islands in the midst of the COVID-19 pandemic
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BVI competent authorities maintain operations during COVID-19 outbreak
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Important deadlines for BVI trade licence renewals and property tax interest payments
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Ayana Hull named head of BVI Private Wealth team and Regulatory practice
Article
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Harneys BVI receives top tier ranking from IFLR1000
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Harneys named as the BVI Recovery and Development Agency's official law firm
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Deadline approaches for BVI registered agents and trust companies to regularise the status of regulated subsidiaries
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New BVI Shipping Act increases attractiveness of VISR
Article
The British Virgin Islands simplifies the way to deal with compliance services
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Change in the BVI FSC’s policy towards listed subsidiaries of trust companies and company managers
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BVI regulator updates the AML and KYC regime for the Fintech era
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BVI's new beneficial ownership regime to take effect on 1 July 2017