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March 18th, 2019
VI seeking solidarity to fight EU, UK pressure – Premier to OECS

BASSE-TERRE, Guadeloupe - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) commenting on his recent trip to Guadeloupe for a special Organization of Eastern Caribbean States (OECS) meeting says he is pleased with the progress of regional unity and the BVI’s role in the agenda to fight outside pressure from Europe.

March 16th, 2019
Brexit: Keeping the Overseas Territories inside the loop

By Dickson C. Igwe

Brexit is a huge economic, social, and political matter that the Overseas Territories (OT) of Great Britain must engage with.

March 13th, 2019
VI evades EU blacklisting; Premier credits NDP Gov’t

ROAD TOWN, Tortola, VI - After months of uncertainty over whether the Virgin Islands (VI) would be tax blacklisted for not meeting European Union (EU) requirements regarding fair taxation, the top European body announced that it recognises the VI as compliant with its fair taxation principles as well as being a cooperative jurisdiction.

March 9th, 2019
OT & an unsustainable Brexit

By Dickson C. Igwe

In the long run, Brexit is unsustainable. But Brexit will impact Overseas Territories (OTs) of Great Britain in the Caribbean.

December 20th, 2018
HoA to continue today Dec 20, 2018, in new sitting

ROAD TOWN, Tortola, VI - The Virgin Islands’ (VI) House of Assembly (HoA) will meet again today Thursday, December 20, 2018, in a new session after an almost marathon meeting over the controversial Economic Substance (Companies and Limited Partnerships) Act of 2018.

December 19th, 2018
‘We are in trouble’ - Hon Julian Fraser RA on Economic Substance Bill

ROAD TOWN, Tortola, VI - The Virgin Islands (VI) could see itself facing economic blacklisting from the European Union (EU), if a Bill entitled “Economic Substance Company and Limited Partnership Act 2018,” tabled in the House of Assembly (HoA) yesterday, December 18, 2018, is not passed.

August 23rd, 2018
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.

August 12th, 2018
Dr Smith Gov’t warned of need for Plan-B in upcoming ‘UK fight’

NEW YORK, NY, USA – The government of the Virgin Islands (VI) is being called on to urgently prepare contingency plans, in wake of the impending deadline for the implementation of ‘public registers’—a United Kingdom (UK) decision, that is believed, will have a crippling effect on the Territory’s Financial Services sector.

March 23rd, 2018
VI calls on UK for OTs to be included in Brexit arrangements

LONDON, England, UK- As the European Union (EU) and United Kingdom (UK) officially begin talks on a future relationship, the Virgin Islands [British] has called for inclusion in future arrangements.

March 12th, 2018
EU set to add USVI to tax haven blacklist; VI on grey list!

ROAD TOWN, Tortola, VI- The European Union (EU) is at it again, trying to damage the reputation of legitimate financial services industries of certain small countries, while failing to screen its own EU jurisdictions.

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