BVI House Asia Presented at the Hong Kong Law Society

26 June, 2014, Hong Kong - On June 25, 2014, BVI House Asia was invited by the Hong Kong Law Society to participate in a course on the BVI put on for its membership.  The Deputy Managing Director of the BVI Financial Services Commission, Mr. Kenneth Baker, presented to the Society on the Supervision of BVI Business Company Incorporators.  Topics covered were: Introduction to the BVI Financial Services Commission; Introduction to the BVI Business Companies Act; Incorporation of BVI Business Companies; Company Administration; Regulation and Supervision of Registered Agents; and Effective Customer Due Diligence.

.

Also presenting on the Litigation in the BVI Court was Harneys’ Head of BVI and Cayman Litigation and Restructuring Department in Hong Kong, Mr. Ian Mann.   His topics covered were: Unfair Prejudice Petitions in the BVI Court; Remedies for Unfair Prejudice in the BVI; Just and Equitable winding up of a BVI Company; Derivative Actions against directors of BVI companies; The Yung Kee decision in the Court of Appeal; and The new Arbitration Act in the BVI.  Mann is also the coauthor of the text book: British Virgin Islands Commercial Law.    

The HK Law Society course on the BVI was attended by more than 190 experienced Hong Kong solicitors.