News
Gov’t $240M in debt; @ brink of borrowing capacity- Claude O. Skelton-Cline
ROAD TOWN, Tortola, VI- It was on the Tuesday May 1, 2018 edition of the Honestly Speaking show, aired on ZBVI 780 AM, that the Leader of the Opposition and First District Representative Honourable Andrew A. Fahie and commentator Claude O. Skelton-Cline shared with listeners their views on the financial position of the Virgin Islands (VI).
HoA adjourned abruptly; Next meeting date unknown
ROAD TOWN, Tortola, VI- Opposition Members will have to wait a while longer to have their questions answered, as the House of Assembly (HoA) was abruptly adjourned yesterday, Tuesday May 1, 2018.
Julian Willock supports Lorna G. Smith’s interview; Rejects comparison
ROAD TOWN, Tortola, VI- Political aspirant, businessman and former Permanent Secretary Mr Julian Willock has come to the defense of the Territory’s First Lady and Interim Director of BVI Finance, Mrs Lorna G. Smith OBE.
‘Establishing additional economic pillars now critical’- Hon Fahie
ROAD TOWN, Tortola, VI- There is no surprise that the Territory is on high alert after the United Kingdom (UK) Government on Tuesday May 1, 2018 agreed in the House of Commons to support a bill to make public the beneficial owners of companies in their Overseas Territories (OTs).
Messages of love & anti-racism to Sister ‘Jane’ & Brother ‘What’
Alred C. Frett
This is no Secret so you are allowed to spread it:
Sincere thanks to VINO, BVI News and CBN Radio for carrying my ‘Truth for the Youth’ Messages and extra special thanks for those choosing to listen, read, learn and respond to the Information… Typical Blog Responders are invisible Persons with fake identities, loud opinions and a deep fear of being recognised so I avoid responding to them unless it can be used as a ‘teachable moment’.
UK Parliament agrees to Public Register for OTS
LONDON, United Kingdom- In what has been termed by some as “kicking a man while he is down”, the House of Commons has made a potentially lethal blow to the Financial Services Industry of the Overseas Territories (OTs), including the hurricane ravaged Virgin Islands, by siding with a bill brought by the United Kingdom (UK) backbench to force overseas territories to put in place public registers of beneficial ownership.
They are back! UK’s House of Commons to vote on Public Register for OTs
LONDON, United Kingdom- When the United Kingdom (UK) Upper Chamber, House of Lords, voted down the proposal for Overseas Territories (OTs) to make public registers revealing the names of beneficial owners of financial offshore companies on January 24, 2018, it was known that the next step would be to take the proposal to the House of Commons.
Elise Donovan of BVI House Asia visits Shenzhen Foreign Affairs Office
SHENZHEN, China- Ms Elise Donovan, Director of BVI House Asia, has met with the new Director General of Shenzhen Foreign Affairs Office, Ms Cai Ying; Deputy Director General, Mr Yao Weizhi; and Director of Protocol Division, Ms Claire Xie today, March 26, 2018 in Civic Center, Shenzhen.
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.
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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