News
Caricom planing legal action against European 'Big Boys'- Premier Fahie
ROAD TOWN, Tortola, VI – With the European Union (EU) continuing to set difficult policies on the Virgin Islands (VI) Financial Services sector, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says these pressures are not just on the VI alone, rather, the entire Caribbean and the Caricom region is looking for ways to fight back.
Bring Bills to the public for input- Julian Willock
ROAD TOWN, Tortola, VI- The former Virgin Islands Government Permanent Secretary in the Ministry of Communications and Works, businessman Julian Willock has called on the National Democratic Party (NDP) Administration to stop rushing Bills though the House of Assembly (HoA) and get some public input.
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.
HoA to meet Monday April 18, 2016
ROAD TOWN, Tortola, VI- The House of Assembly (HoA) of the Virgin Islands will meet again on April 18, 2016, some two weeks from now. While the Order Paper is still in draft and therefore has not been released to the media or Members of the House, sources close to the Premier’s Office said another amendment may be on its way to address new issues in the Financial Services Sector.
‘VI must survive swimming with the sharks’ – VI businessman Colin O’Neal
ROAD TOWN, Tortola, VI – Virgin Islands' Businessman Colin O’Neal has sounded a dire warning for the territory, saying that the VI is no longer a “small fish in its own fishbowl” but is now swimming with the sharks in hostile waters of financial services where survival is the only option.
‘I don’t support notion that VI is a notorious tax haven’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier Dr The Honourable D. Orlando Smith has slapped down latest suggestions that the Virgin Islands shares a place along with Bermuda and the Cayman islands as the top three ‘notorious’ tax havens in the world.
‘Prepare to learn new skills!’ – Dr Robert A. Mathavious
ROAD TOWN, Tortola, VI – Dr Robert A. Mathavious, Managing Director/CEO, BVI Financial Services Commission, believes industry practitioners and regulators must adopt and be prepared to learn new skills and to inculcate a culture in which training and improvement are the norm if they are to stave off and eventually reverse the constant beatings they receive in the international press.
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.
House of Assembly to meet March 13, 2014
ROAD TOWN, Tortola, VI - The Virgin Islands House of Assembly will be meeting at its Chambers in Road Town the Capital City on Thursday 13, March 2014 at 10:00 A.M. and a controversial piece of legislation aimed at media censorship is expected to come up for debate.
No division in legislature on FATCA- Premier
ROAD TOWN, Tortola, VI – Premier Dr The Hon. D. Orlando Smith has said there is no division in the legislature where the Territory’s response to FATCA issues is concerned.
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