News
‘Premier’s response will determine our further action’ – Doug Wheatley
ROAD TOWN, Tortola, VI - Radio talk show host Doug Wheatley said that despite the negative vibes being received from many naysayers, the NHI Concerned Citizens and Residents Group will not pre-empt Premier Dr The Honourable D. Orlando Smith as to his response to their petition asking for the National Health Insurance to be returned to the drawing board.
STEP provides training for 120 industry professionals
ROAD TOWN, Tortola, VI – The Society of Trust and Estate Practitioners (STEP) has commenced a one-day conference here in the Virgin Islands with a view to bringing together professionals to examine issues within the financial sector and to brainstorm ways of overcoming them.
‘We have not considered a Citizenship by Investment Scheme’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier Dr the Honourable D. Orlando Smith said the current administration has not discussed the merits or lack thereof of a Citizen by Investment programme as is the case in some Caribbean states, most notably in St Kitts and Nevis.
‘Audited financial statements to be presented soon’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr the Hon D. Orlando Smith said that the country’s audited financial reports will be presented to the House of Assembly soon, following months of criticism by the Opposition Virgin Islands Party (VIP).
Premier Smith mum on potential Biwater buyers
ROAD TOWN, Tortola, VI – Premier Dr the Honourable D. Orlando Smith has confirmed that there have been talks between Biwater and a group of persons with a view to negotiating a sale of the company.
Elections gimmick talks are foolish- Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith, in a public broadcast on radio and television last night May 4, 2015, sought to give an outline of his National Democratic Party (NDP) Government’s performance since taking office in November 2011, claiming that his Government has re-established the Virgin Islands economy on a firm footing and for that reason should be given another four year term.
Premier Smith to make 'major' speech on Monday
ROAD TOWN, Tortola, VI - Premier and Minister of Finance Dr the Honourable D. Orlando Smith has said he is to make a big announcement on Monday May 4, 2015.
‘Premier must engage US on Money Laundering report’ – Hon Fraser
ROAD TOWN, Tortola, VI – Chairman of the Virgin Islands Party (VIP) and Representative for the Third District Honourable Julian Fraser RA said Premier Dr The Honourable D. Orlando Smith should engage the US State Department at the highest level to resolve ongoing differences regarding the territory’s financial services and recent findings on concerns about Money Laundering (ML).
Gun Bill with stiff penalties tabled in HoA
ROAD TOWN, Tortola, VI - The National Democratic Party (NDP) has tabled legislation aimed at gun violence with proposed stiff fines and heavy sentences, including a mandatory 20 year sentence for being convicted of a gun offence.
PAID GOVERNMENT MESSAGE: STATEMENT BY PREMIER AND MINISTER OF FINANCE DR. THE HONOURABLE D. ORLANDO SMITH OBE ON RELEASE OF BENEFICIAL OWNERSHIP REPORT
FEBRUARY 4, 2015
In the last quarter of 2013, I informed you of the launch of a public consultation on beneficial ownership of companies registered here in the British Virgin Islands. I am pleased to report that this consultation is complete. This consultation was in response to a policy proposed by the Government of the United Kingdom to maintain a central registry in which information on the ultimate beneficial ownership of companies would be held.
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