BVI Legal Profession Act 2015: A New Paradigm
The New Act Proposals to introduce legislation in the British Virgin Islands (the “BVI”) to reform the regulation of the legal profession have been around for a number of years. But recent concerns about non-BVI law firms practicing BVI law, its likely negative impact on the local profession and on the financial services industry in the Islands generally, not to mention the obvious risks inherent in individuals who are lacking…