News

For our growing law firm in Hong Kong we are looking for a legal secretary to join our corporate law team.

AMS Law Hong Kong acted as BVI Counsel for Dragon Victory International Limited (NASDAQ: LYL, Dragon Victory) in relation to a joint venture named Metalpha Limited (Metalpha). The joint venture is set up between Dragon Victory’s wholly owned subsidiary Meta Rich Limited and Antalpha Technologies Limited (Antalpha).

The British Virgin Islands ("BVI") has had a clear and cogent Private Trust Company ("PTC") regime, since new legislation was introduced in the Territory in 2007.  Subsequent updates have been made to the PTC regime to further enhance the use and effectiveness of PTCs in both private wealth planning and commercial structures. Recently the BVI took the opportunity to make additional improvements to the PTC regime to remove some areas of uncertainty. The following article contains a summary of these changes. 

The Economic Substance (Companies and Limited Partnerships) Act, 2018 (“ESA”) became effective in the BVI on 1 January 2019. It was always anticipated by the industry that the legislation would be updated to address issues that have arisen since its inception and accordingly the recent changes to the legislation have come as no surprise. Read the latest update in our article below.

The Cayman Islands Monetary Authority (“the Authority”) has published the Private Fund FAR Form ("FAR Form") for all funds registered with the Authority under the Private Funds Act (“Private Funds”). Read our recommendations in the following article.