Contact

Sara Galletly

Sara Galletly

Cayman Islands
Partner

Marianne Wilson

Marianne Wilson

BVI
Senior Associate

Saraid Taylor

Saraid Taylor

BVI
Senior Associate

Changes to the BVI Banks and Trust Companies Act 1990 and the Company Management Act 1990

[Dynamic date]

18 October 2018

New amendments - which came into force on 1 October 2018 - include the creation of two new classes of licence relevant for trust company and/or company management business. These changes are likely to be of particular interest to corporate service providers, family offices and other closely held groups.