News and Publications Archives - Hermes Corporate Services Ltd.

Key updates from the BVI FSC Q1/2025 Newsletter

On April 1, 2025, the British Virgin Islands Financial Services Commission (“BVI FSC”) published ...
CIMA Inspection of Cayman Islands Regulated Entities: Ensuring Compliance and Integrity

The Cayman Islands, renowned as a global financial hub, hosts a diverse array of financial instit...
CIMA Amendments to the Virtual Asset (Service Providers) Act

The Cayman Islands Monetary Authority (the “Authority”) announced that Phase Two of the Virtual A...
BVI Legal Update: Extended Compliance Deadlines & Portal Challenges

BVI FSC – Industry Circular No. 23 of 2025 The British Virgin Islands Financial Services Commissi...
BVI Financial Regulator Publishes Compliance Advisory on Beneficial Ownership, Registers, and Restorations

On 24 April 2025, the BVI Financial Services Commission (FSC) released Industry Circular 16, outl...
How does BVI law differentiate between the liabilities of a DAO and those of its individual members in insolvency situations?

The British Virgin Islands (BVI) has been proactive in addressing the legal implications of decen...
New Requirements in the BVI for Beneficial Ownership Information filing (Jan 2025)

New Requirements for filing Beneficial Ownership information under the BVI Business Companies and...
The new beneficial ownership regime of the Cayman Islands

The Cayman Islands' new beneficial ownership regime (the "New BO Regime"), designed to enhance tr...
Important Regulatory Filing Deadlines for BVI Funds in 2025

BVI funds have several regulatory filing obligations in 2025. Staying informed about key deadline...
Key Regulatory Filing Deadlines for BVI Approved Managers in 2025

Approved Managers will have various regulatory filing obligations. It is crucial to stay updated ...