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EU out to damage VI's financial services sector - Gerard St C. Farara QC
BAUGHERS BAY, Tortola, VI - Virgin Islands’ Queen’s Counsel (QC) and member of the Inner Bar, Mr Gerard St. C. Farara, QC, says the European Union (EU) through its Economic Substance requirements has devised a plan to damage the local financial services sector of the Virgin Islands (VI) after achieving limited success in reaching previous detrimental objectives.
‘VI needs national vision, strategic plan’ - Gerard St. C. Farara QC
ROAD TOWN, Tortola, VI – Queen’s Counsel (QC), Attorney and member of the Inner Bar, Mr Gerard St. C. Farara says that for the Virgin Islands (VI) to effectively take on constitutional reform, the approach should be based on where the territory wants to be in the future, both in relation to its national development and its external relationship with the United Kingdom (UK).
EU Directive a greater threat to VI’s Financial Services than ‘public registers’—Farara QC
ROAD TOWN, Tortola, VI – The Virgin Islands (VI) is currently at risk of being ‘blacklisted’ by the European Union (EU) and this poses an even greater threat to the Territory’s Financial Services Industry and its economic wellbeing, than that of the United Kingdom (UK) imposed, ‘public registers’ Order.
Public registers ‘fight’ will bring Constitutional review of UK powers over VI
ROAD TOWN, Tortola, VI - A legal fight between the United Kingdom (UK) and the Virgin Islands (VI), over the imposition of ‘public registers,’ will inevitably lead to a Constitutional review, with a focus on the powers of the UK to unilaterally impose legislation on the Territory.
QC Farara to advise VI Gov’t on ‘UK Sanctions’ pitfalls
ROAD TOWN, Tortola, VI - The Virgin Islands (VI) Government has appointed Collas Crill’s, senior partner and eminent constitutional lawyer, Gerard St C. Farara QC, as a part of its legal team advising on challenges to the Sanctions and Anti-Money Laundering Act, and the threat to impose publicly accessible registers of beneficial ownership, on British Overseas Territories by the United Kingdom (UK).
VI needs constitutional advancement not independence - Gerard St. C. Farara QC
ROAD TOWN, Tortola, VI – The talk of the territory of the Virgin Islands taking on the status of independence has been the hallmark of discussion in many sections of society; however, member of the Inner Bar Mr Gerard St. C. Farara QC suggests constitutional advancement not independence.
Gerard St. C. Farara QC to act as High Court Judge – Commercial Division
ROAD TOWN, Tortola, VI- The Judicial & Legal Services Commission has appointed Mr. Gerard Farara QC to act as High Court Judge for the Commercial Division of the Eastern Caribbean Supreme Court from November 1, 2015 to January 31, 2016.
'Media must do its part in Financial Services'- Gérard St. C. Farara QC
ROAD TOWN, Tortola, VI - One of the resource persons working with the Financial Services Implementation Unit, Gérard St C. Farara QC, said the media must do its part given the importance of the financial industry to the Virgin Islands.
Whopping $345K raised by Rotary Club of Tortola!
WICKHAM’s CAY, Tortola, VI – With standing ovation, the team tasked with the responsibility of staging the 2015 leg of the Rotary Club of Tortola’s Grand Affair fundraiser event, members and special guests to their usual Thursdays’ lunch meeting, were applauded as it was announced officially for the first time on March 5, 2015 that the club raked in some $345, 000.
Julian Willock vindicated again; Gov’t drops appeal!
ROAD TOWN, Tortola, VI - In a move that has surprised many knowing the political nature of the matter notwithstanding the legal class had long expected it, the Attorney General’s Chambers has discontinued its Appeal against the former Esteemed Permanent Secretary in the Ministry of Communications and Works Julian Willock.
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