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News

July 28th, 2018
Premier’s UK trip was uninvited; cost taxpayers $43,000

ROAD TOWN, Tortola, VI – A recent trip to the United Kingdom (UK) by Premier and Minister of Finance, Dr the Honourable D. Orlando Smith (AL) and Opposition Leader, Honourable Andrew A. Fahie (R1) cost tax payers $43,000.

May 28th, 2018
Our right to march supports our freedom not to march

Alred C. Frett

Let your Voice be heard and stand for something or fall for anything:

We have passed the day of decision whether or not to march against the UK’s ‘Sanctions and Anti-Money Laundering Bill Amendment’ as it affects the VI… As a supporter of freedom of expression including peaceful protest, I have no problem marching anywhere and anytime provided it is done in the greater interest of the People and not for promoting special interest and personal agendas.

May 25th, 2018
‘I will not attend the Queen’s Birthday parade’- John I. Cline

ROAD TOWN, Tortola, VI- The Territory is getting ready to stage a formal celebration of Her Majesty’s Queen Elizabeth II birthday on Saturday, June 9, 2018.

May 22nd, 2018
Premier Smith defiant; ‘No public registry for VI until global standards’

ROAD TOWN, Tortola, VI - The showdown between the United Kingdom (UK) and the Virgin Islands (VI), an overseas territory over the UK’s Parliament decision to kill the offshore financial sector is heating up.

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 18th, 2018
Premier & Leader of the Opposition unite to make case for the VI

LONDON, England - The Premier of the [British] Virgin Islands, Dr the Honourable D. Orlando Smith, OBE, and the Leader of the Opposition, Honourable Andrew Fahie, has called on the United Kingdom (UK) Government and Parliament to respect the Virgin Islands Constitution ahead of the House of Lords consideration of the Sanctions and Anti-Money Laundering Bill on May 21, 2018 and its provisions on public central registers of beneficial ownership in the Overseas Territories.

May 16th, 2018
‘I am opposed to having a demonstration’ – Doug Wheatley

ROAD TOWN, Tortola, VI – “I am opposed to the idea of having a demonstration and a march at this point. I don’t think it is necessary for us to do that because we don’t have the information,” were the words of Doug Wheatley on the radio programme 'Speak out BVI' on ZBVI 780 AM on May 15, 2018.

May 14th, 2018
UK Parliament's decision 'robs us of our dignity’ – Lorna G. Smith

ROAD TOWN, Tortola, VI – Following the interview on the BBC’s radio programme with Member of the United Kingdom (UK) Parliament Dame Margaret E. Hodge over the financial services sector on Tuesday May 1, 2018, Lorna G. Smith OBE, Executive Director of BVI Finance, expressed that the decision by the House of Commons to force UK Overseas Territories (OTs) to have Public Registers of Beneficial Ownership was based on “misinformation and emotions.”

May 11th, 2018
'Back off UK!'- VI residents drumming up support for public demonstration

ROAD TOWN, Tortola, VI – In what is considered a most controversial amendment and one that forces the Virgin Islands (VI) to implement a public register that reveals the names of its beneficial owners of offshore companies registered in the British Overseas Territories, Premier and Minister of Finance, Dr The Honourable D. Orlando Smith (AL), strongly stated that his government will not comply with the amendment to the Sanctions and Anti-Money Laundering Bill until it becomes a “global standard."

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.”



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