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Economic vision, post public register of beneficial ownership
Dickson Igwe
OK, a very savvy mind, who over the decades has been a major player in the Virgin Islands offshore finance industry, told this writer that he was not overly concerned about the UK government’s decision to impose a public register of beneficial ownership on offshore companies of overseas territories of Great Britain. He stated over lunch, that the industry had already factored in the decision into its working culture.
UK opting to leave EU better for VI in many ways- Hon Julian Fraser RA
ROAD TOWN, Tortola, VI- While many have been expressing shock at the historic vote by the people of the United Kingdom (UK) to leave the European Union (EU), the result comes as little surprise to Opposition Leader in the Virgin Islands House of Assembly, Hon Julian Fraser RA (R3), who believes the VI would be better off with the UK out of the EU.
Summit snubbing doesn't mean VI ‘shut out’ - Premier Smith
ROAD TOWN, Tortola, VI - Premier and Minister of Finance Dr The Honourable D. Orlando Smith said that even though the Virgin Islands (VI) was not invited to a recent anti-corruption summit in the United Kingdom (UK), the territory still expects to actively participate in upcoming discussions on issues such as beneficial ownership.
Under pressure VI holds out on ‘Public’ Beneficial Ownership Register
ROAD TOWN, Tortola, VI- The Virgin Islands (VI) has declared it is not willing to go the extra mile of making beneficial ownership information public unless there is international regulation in place and that all financial services jurisdictions also comply.
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