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May 28th, 2016
The Great Hypocrisy in Global Finance- Part 2

By Dickson Igwe

The negative focus on select Caribbean islands in the sun, on their offshore financial services, by certain foreign journalists is suspect. And it is suspect, in that it is grossly unfair and “smells” of victimisation.

May 21st, 2016
The Great Hypocrisy in Global Finance- Part 1

By Dickson Igwe

The recent ‘hoopla’ over offshore tax havens and finance centers by certain elements of the western press was simply a rendition to hypocrisy, even doublespeak.

May 2nd, 2016
We must ensure VI doesn't harbour the ethically challenged - Dr Robert A. Mathavious

ROAD TOWN, Tortola, VI- Chairman and CEO of the BVI Financial Services Commission (BVIFSC) Dr Robert A. Mathavious said the territory must ensure it does not become a haven for the ethically challenged.

April 27th, 2016
VI financial services sector vital to world economy – Philip Graham

ROAD TOWN, Tortola, VI – In the wake of the Panama Papers leak and the negative press the territory received from some sections of the international media, Partner at Harneys and Member of Team BVI, Philip Graham said the Virgin Islands has stayed at the forefront in the face of challenges to its regulatory regime.

April 20th, 2016
FS legislation 'systematically eliminating' middle class in VI- Hon Fraser

ROAD TOWN, Tortola, VI - Leader of the Opposition Honourable Julian Fraser RA (R3) called on the Government to reclassify small businesses and local companies so that they can be free of the heavy burdens placed on international companies moving large amounts of money through the various vehicles in the territory’s financial services sector.

April 19th, 2016
Premier Smith blasts international media coverage of Financial Services Sector!

ROAD TOWN, Tortola, VI - Coming out in his strongest defense ever of the Financial Services Sector since the so called Panama Papers data leak, Virgin Islands’ Premier and Minister of Finance Dr The Honourable D. Orlando Smith took to the Parliament, also known as the House of Assembly (HoA), to set the record straight on the sector.

April 12th, 2016
Premier Smith yields to UK pressure on Beneficial Ownership Register

ROAD TOWN, Tortola, VI – With the Panama Papers scandal casting a negative light on the Virgin Islands and the UK continuing to put pressure on its overseas dependencies to open up access to Beneficial Ownership Information even while British PM David Cameron faces harsh criticisms and protests against his involvement and benefiting from the offshore industry, Premier and Minister of Finance Dr The Honourable D. Orlando Smith has yielded and signed Exchange Notes on Beneficial Ownership Information.

April 6th, 2016
Fmr PS Willock takes on hostile BBC journalist in defence of VI Financial Services

ROAD TOWN, Tortola, VI- With the recent Panama Papers leak causing a shakeup in Governments across the globe and much negative attention being directed to the Virgin Islands and other financial services jurisdiction in the region, a private citizen and publisher of Virgin Islands News Online has come out in strong defence of one the territory’s main economic pillars, even while Government and other stakeholders remain silent.

April 5th, 2016
Premier Smith 'out of touch' with reality' – Hon Julian Fraser RA

ROAD TOWN, Tortola, VI -  Reacting to the news of the Mossack Fonseca leak of information regarding the global financial services industry yesterday April 4, 2016, Leader of the Opposition Honourable Julian Fraser RA said Premier Dr The Honourable D. Orlando Smith seems to be out of touch with the reality of the situation.

April 2nd, 2016
Financial Services Sector rocked by decline & Black Listing- SFC Report

ROAD TOWN, Tortola, VI- Critics of the ruling National Democratic Party (NDP) Administration continue to preach that the Administration is not good at handling regional and international matters, in particular the Financial Services Sector.

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