Recovery and Insolvency Specialists Association (BVI) Limited (RISA BVI) - British Virgin Islands

Recovery and Insolvency Specialists Association (BVI) Limited (RISA BVI) - British Virgin Islands
Recovery and Insolvency Specialists Association (BVI) Limited (RISA BVI) - British Virgin Islands

Directors of RISA BVI:

Brian Simpson - Chairman
[email protected]
Tracy Cook - Treasurer
[email protected]
Ryan Jarvis - Secretariat & Projects
[email protected] 
Toni Shukla - Education & Technical
[email protected]
Dan Birkitt - Technical & Education
[email protected] 
Dan Mitchell - Technical & Projects
[email protected] 
Sam Thompson - Events, Comms & Membership
[email protected]

RISA BVI: Founded in 2009, the Recovery & Insolvency Specialists Association (RISA) aims to bolster the insolvency and restructuring industry in the British Virgin Islands (BVI). With nearly 220 members, RISA’s seven strong board and five-strong events committee actively host technical and social events while advocating for legislative improvements in the BVI.

BVI’s Financial Significance: The BVI, a major international financial centre, boasts over 360,000 registered companies and stands out as a leading fund domicile globally. Its insolvency and restructuring work often involves complex group structures involving cross-border scenarios. BVI’s insolvency practitioners and attorneys regularly collaborate with counterparts worldwide.

Navigating BVI Insolvency: All insolvency appointments in the BVI require licensed practitioners who understand both local nuances and international intricacies. The BVI Insolvency Act 2003 provides a robust legal framework, supported by a strong Commercial Court.

Membership Tiers: RISA BVI offers three membership classes:
• General: For BVI residents who belong to recognised professional bodies.
• Associate: Open to professionals engaged in BVI insolvency matters, even if residing overseas.
• Student: Aspiring minds keen on exploring insolvency and restructuring as a career.

Visiting lawyers and counsel are actively encouraged to join RISA BVI and participate in social and technical events.