news & analysis

Nichola Dunkley joins GHP

10 January 2023 | by GHP Marketing

GHP begins year four with strategic hire, Director of Fiduciary & Corporate Services George Henry Partners LP is pleased to welcome Nichola Dunkley to our team as Director of Fiduciary & Corporate Services. Nichola brings over twenty years of experience in trust management and administration and corporate Services. She will play an integral role in the continued growth and development of our Private Wealth team as we expand our trusts, fiduciary and corporate services offering. Commenting on Nichola’s appointment, GHP Managing Partner, Sheila George, said: As we enter the fourth year of GHP’s existence in the client-service space, the addition […]

Significant changes to the BVI Business Companies Act take effect 1 Jan 2023

28 December 2022 | by Paul Mellor

Overview of BVI Business Companies (Amendment) Act 2022 The BVI Business Companies (Amendment) Act, 2022 (the Amendment Act) comes into force on 1 January 2023 (the effective date). The Amendment Act makes significant changes to the existing BVI Business Companies Act (the current BCA) which are intended to ensure compliance with international standards and best practices. These changes include abolition of the bearer share regime, creation of a new requirement to file annual returns, and changes to the regime for striking off and restoration of companies. Legal Update BVI Business Companies Amendment Act 2022 Bearer shares The current BCA permits […]

Legal Update – European Court of Justice invalidates provision of the 5th Anti-Money Laundering Directive relating to public registers of beneficial ownership

16 December 2022 | by Jermaine Case

In this Legal Update we review the European Court of Justice’s ruling on public registers of beneficial ownership.

Legal update – British Virgin Islands – Peer Review of the Automatic Exchange of Financial Account Information 2022

23 November 2022 | by Jermaine Case

In this legal update we examine the Global Forum’s peer review of the Automatic Exchange of Financial Account Information 2022

Legal Update – Foreign Based Commercial Recreational Vessels – No Trade Licence Required

14 November 2022 | by Paul Mellor

This legal guide examines changes to the requirement for foreign based commercial recreational vessels to require a trade licence.

Jennifer A Potter joins GHP as Director of Operations

22 April 2022 | by Paul Mellor

George Henry Partners LP is pleased to announce that Jennifer Potter joined the firm on 5 April 2022 as Director of Operations.

Legal Guide – The Stamps (Amendment) Act 2022 – Stamp Duty Exemption for First Time Belonger Buyers

12 April 2022 | by Paul Mellor

This legal guide examines the effect of the Stamps (Amendment) Act 2022 and how first time Belonger property owners in the BVI can benefit from a stamp duty exemption.

Legal Guide – Labour Tribunal Decisions – Unfair Dismissal

05 October 2021 | by Jermaine Case

This legal guide examines recent awards made by the Labour Tribunal in relation to unfair dismissals in the context of summary dismissals and redundancies.

Legal Guide – Covid-19 – A Guide for Employers

23 August 2021 | by Paul Mellor

This legal guide touches upon an employer’s health and safety obligations when confronting the risks associated with Covid-19 and also considers the topical issues of testing and vaccination in the workplace.

Legal update – Amendments to the Economic Substance regime in the British Virgin Islands

20 July 2021 | by Jermaine Case

In this legal update we examine the changes to the economic substance regime introduced by the Economic Substance (Companies and Limited Partnerships) (Amendment) Act, 2021.