Reminder for Entities Registered with CIMA as SIBL Excluded Persons

All shareholders of a company incorporated in the British Virgin Islands (“BVI”) have certain rights and protections. However, the imbalance of voting powers within a company can result in the controlling majority conducting the affairs of the company in a manner that is prejudicial to the rights of...

Some time ago, the tokenisation of assets moved beyond the experimental stage in the context of investment funds in the Cayman Islands. What perhaps began as a niche exercise in representing interests on a blockchain is increasingly being proposed by mainstream sponsors as a way to broaden distribution,...

Families and businesses in Hong Kong, mainland China and across Asia have long used BVI or Cayman corporate vehicles as holding entities for their businesses and assets.

Fiat currency transactions - What rules and restrictions govern the exchange of fiat currency and cryptoassets?