Reminder: Changes to Strike off Regime and Restoration Process in BVI – Transitional period ends 30 June 2023

The BVI Business Companies (Amendment) Act introduced changes to the strike off regime and restoration process that may impact your BVI company. Specifically, these changes affect BVI companies that were struck off after 1 July 2016 and before 1 January 2023, and that have not yet been dissolved.

If you have any such existing struck off companies that you may need to restore, it is recommended that you take action now to avoid the costly, complicated, and potentially lengthy process of restoration through a Court application.

Marbury obtains ISAE 3402 Type I Accreditation

Marbury Corporate Advisory Services Limited has successfully obtained the International Standard on Assurance Engagements (ISAE) 3402 Type I Report in respect of the following aspects of its business:

  • information security
  • data management and storage
  • business continuity
  • compliance
  • fund administration
  • cash management and remittance services

ISAE 3402 is a global assurance standard developed by the International Auditing and Assurance Standards Board (IAASB) and involves establishing and independently auditing internal controls and processes within a service organisation. To learn more about ISAE 3402, click here.

Marbury continues to work with the highly-respected audit and accountancy firm, Baker Tilly, to obtain the ISAE 3402 Type II accreditation.