British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Monday, September 15, 2008

Smith & Williamson Announces Expansion to BVI and the Cayman Islands

One of the leading independent providers of investment management, accountancy, tax, corporate and financial advisory services, Smith & Williamson, has recently expanded in the Caribbean region, opening offshore offices in the Cayman Islands and the British Virgin Islands.

The company has published summer issue of their quarterly bulletin brought by Smith & Williamson's Restructuring & Recovery Services division. In this report, they announced establishing a joint venture with CRG Partners, – a U.S. firm specialising in operational and financial restructuring service, - in April this year.The joint venture of Smith & Williamson with this firm will also strengthen company's restructuring and recovery presence in the British Virgin Islands and the Cayman Islands. The partners will be able to offer a comprehensive suite of restructuring services in these offshore jurisdictions, including turnaround consulting, interim management, crisis management, performance improvement and financial restructuring and advisory services from Europe to the U.S.

Smith & Williamson has 12 principal offices in the UK and Ireland, and is working in 97 countries providing global investment and financial advisory service. Along with establishing its offshore offices in BVI and the Cayman Islands, Smith & Williamson has also expanded its presence in Ireland due to a merger with Dublin-based Oliver Freaney & Company, which has extensive experience in launching financial and business solutions.

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