Reminder for Entities Registered with CIMA as SIBL Excluded Persons

Prediction markets have become an increasingly prominent part of the digital asset and decentralised finance landscape.

Offshore trusts have never operated in a vacuum. A Cayman Islands or British Virgin Islands trust holding assets for a family with roots in mainland China has always had to function alongside the tax and regulatory regime of the settlor's home jurisdiction, even where the trust itself is...

The rapid development of the digital assets space and Web 3.0 ecosystem over the last 10 years has meant that courts around the world have been faced with an ever-increasing number of disputes in this space. This includes the courts in the British Virgin Islands (“BVI”). The cases...

The registration of beneficial ownership information in respect of British Virgin Islands (the “BVI”) companies and the potential for that information to be disclosed subsequently has long been the subject of speculation and understandable concern by owners of companies and other relevant entities in the BVI.