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Finance and Business

August 4th, 2013
Consulates and the Vatican in chaos as HSBC tells them to find another bank

Mail Online

Diplomats in London have been thrown into chaos after Britain’s biggest bank, HSBC, sacked them as customers and gave them 60 days to move their accounts.

August 1st, 2013
The BVI’s tax information exchange is in chaos – and it’s time the UK acted

Tax Research UK

As the OECD has noted in a new report on information exchange:

July 19th, 2013
UPDATE: Long Bay staff served letters offering voluntary resignation

LONG BAY, Tortola, VI – “At this point we would like to offer you the opportunity to voluntarily resign.” This is the first line under a heading “Voluntary Resignation and Severance Pay Programme” in a letter served to employees of Long Bay Resort today, July 19, 2013.

July 18th, 2013
Jamal Smith not sure Hong Kong office is right move

ROAD TOWN, Tortola, VI- Attorney Jamal S. Smith has his reservations about the setting up of an office in Hong Kong to market financial services but said, while he is not sure whether it is the right move at this time by Government, he will not seek to bash the decision.

July 17th, 2013
LIME meeting face to face with customers on Anegada

THE SETTLEMENT, Anegada, VI- A team from LIME BVI is on Anegada for the day, July 17, 2013 meeting face to face with customers, listening to some of their issues, and rectifying or offering solutions to some of those problems or concerns.

July 16th, 2013
Ferry operators blast alleged secret government deals!

ROAD TOWN, Tortola, VI – A series of damning revelations have emerged about negotiations between local ferry operators and government representatives. Virgin Islands News Online was made aware of this alleged development by a highly placed source closely affiliated with the ruling National Democratic Party (NDP) government.

July 15th, 2013
The US should stop violating our constitution-Edmund Maduro

ROAD TOWN, Tortola, VI- Talk show host Edmund Maduro believes that the United States should cease their alleged attempts at violating the Virgin Islands Constitution by trying to get private information from the local financial services industry.

July 12th, 2013
UPDATE: Summer Sizzle BVI eyeing Caribbean supremacy!

ROAD TOWN, Tortola, VI –Summer Sizzle BVI 2013 received the assurance of another explosive season of fashion, fun and adventure with an overwhelming response to the “Tick off Session”-the first of four days of activities for the ever growing fashion event this weekend.

July 11th, 2013
Kareem-Nelson Hull In! Janette N. Brin Out! at LIME

PALESTINA ESTATE, Tortola, VI- After this news site first and accurately reported last month that Telecommunications giant LIME BVI had laid off two of its senior employees, word now comes that a new post was created within the company and it has since been filled.

July 10th, 2013
Premier’s speech was about ‘licking old wounds’- BVICCHA Chairman

ROAD TOWN, Tortola, VI - Chairman of the British Virgin Islands Chamber of Commerce and Hotel Association (BVICCHA) Mr Jamal S. Smith has heavily criticised the recent Territory update speech by Premier Dr the Honourable D. Orlando Smith. The BVICCHA Chairman said the speech was very political, licking old wounds and most importantly failed to present any policy designed to bring any re-dress to the damaged economy of the Virgin Islands.

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