FTI Consulting Services in the Caribbean
T he British Virgin Islands (BVI) and the Cayman Islands have long established themselves as major international financial centres. As well as being leading offshore jurisdictions for the registration of investment funds, captive insurance companies and structured finance issuers, BVI and Cayman incorporated companies are frequently used for joint ventures, stock market listings and as holding companies in complex international group structures to hold high value assets and businesses.
Both BVI and Cayman entities are widely used in many emerging markets, most notably the People’s Republic of China (PRC), Russia and the Commonwealth Independent States (CIS) and several countries in Latin America, along with more established markets such as the U.S. and Europe.
Critical issues often encountered by BVI and Cayman entities include:
- Stakeholder disputes
- Allegations of fraud or other financial misconduct
- Litigation or arbitration proceedings
- Insolvency or liquidity pressure
- Enforcement of debt or security
- Regulatory action
FTI Consulting in the Caribbean offers a broad range of services to assist companies and their stakeholders deal with these challenging issues and protect enterprise value.