X-Nico

2 unusual facts about International Business Companies Act


International Business Companies Act

The Act was drafted principally by five people: Lewis Hunte, the then Attorney General of the British Virgin Islands; Neville Westwood, Michael Riegels and Richard Peters, who were partners at the law firm, Harneys; and Paul Butler, a partner from the U.S. law firm of Shearman & Sterling.

Michael Riegels

Michael Riegels was also part of the "gang of five" who drafted the original International Business Companies Act in 1984, the principal statute of the BVI's offshore finance industry for many years (and subsequently copied by a large number of competing offshore jurisdictions).



see also