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News

May 21st, 2018
House of Lords upholds Commons Bill on OTs public registry

LONDON, England, UK - It was another blow for the British Overseas Territories (OTs) in the Caribbean today Monday, May 21, 2018, as the House of Lords of the United Kingdom Upper House let stand the Sanctions and Anti-Money Laundering Bill, with the amendment passed by the Lower House on May 1, 2018.

May 8th, 2018
Gov Jaspert reiterates support for VI’s Financial Services

ROAD TOWN, Tortola, VI- “I recognise that this is disappointing. As I have made clear previously, I believe that the BVI is a well-regulated jurisdiction with an effective register of beneficial ownership (BOSSs) that is accessible by law enforcement. Since 2013, BVI has made it clear that the jurisdiction is committed to implementing public registers when they become the global standard.”

January 29th, 2018
UK Lords voted against public register; Small victory for VI’s offshore sector

PARLIAMENT SQUARE, London, UK- The United Kingdom (UK) upper chambers, the House of Lords, voted down a proposal on January 24, 2018 for the Virgin Islands (VI) and other Overseas Territories (OTs) to implement a public register that would reveal the names of beneficial owners of financial offshore companies registered in the Territory.



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