Regulatory Alerts2026-01-02
Filing of Beneficial Ownership Information Under the BO Regulations - Revised
Issued by the Virgin Islands Registrar of Corporate Affairs, this revised guidance clarifies the filing and maintenance requirements for beneficial ownership information under the 2024 BO Regulations. It establishes clear identification thresholds, primarily the 10% ownership or control benchmark for companies and partnerships, while detailing how trusts and multi-layered structures are assessed. The document further outlines the Registrar’s powers to enforce compliance, grant disclosure exemptions, and manage public access to the electronic register for competent authorities and persons with a legitimate interest.
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