The European Union’s decision to remove the BVI from its blacklist comes after a thorough review of the jurisdiction’s tax policies, transparency regulations, and adherence to international tax standards. The BVI has worked diligently to address concerns and demonstrate its dedication to global cooperation in combatting tax evasion and ensuring financial integrity.

Appleby joins BVI Finance in its statement that “this is a welcome change that directly reflects the progress and hard work done in the BVI to meet the international standard as set out by the OECD Global Forum. . .We will continue to protect and promote the reputation of the BVI as one of the world’s most respected and trusted financial centres.”

If you have any queries about this change, please do not hesitate to get in touch with your usual Appleby contact.

Jeffrey Kirk

Managing Partner: BVI

T +1 284 393 5318
E Email Jeffrey

Andrew Jowett

Group Partner: BVI

T +44 (0) 1534 818057 and +1 284 393 5316
E Email Andrew

Andrew Willins

Partner: BVI

T +1 284 393 5323
E Email Andrew

Daniel Mitchell

Partner: BVI

T +1 284 393 5306
E Email Daniel

David Clark

Partner: Bermuda, BVI

T +1 441 298 3583
E Email David

Olwyn Barry

Group Partner: BVI

T +44 (0)1534 818 357 or + 1 (284) 393 5345
E Email Olwyn

Shana Simmonds-Lewis

Partner: BVI

T +1 284 393 5325
E Email Shana

Simon Jerrum

Partner: BVI

T +1 284 393 5303
E Email Simon

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