As a budding offshore financial centre, Anguilla has a number of extremely modern statutes dealing with company law, insolvency, banking law, trust law, insurance and other related matters.
It has adopted the International Swaps and Derivatives Association model netting law.
Other areas of law, such as international law, are essentially regulated externally through the Foreign and Commonwealth Office in London by Order in Council.
Although the local legislature and courts are independent from the United Kingdom, Anguilla's final appeals court is the Judicial Committee of the Privy Council in London,[1] and the British Government deals with all international relations on behalf of the Territory.
Anguilla does not have a separate vote at the United Nations.