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News
We must ensure VI doesn't harbour the ethically challenged - Dr Robert A. Mathavious
ROAD TOWN, Tortola, VI- Chairman and CEO of the BVI Financial Services Commission (BVIFSC) Dr Robert A. Mathavious said the territory must ensure it does not become a haven for the ethically challenged.
VI financial services sector vital to world economy – Philip Graham
ROAD TOWN, Tortola, VI – In the wake of the Panama Papers leak and the negative press the territory received from some sections of the international media, Partner at Harneys and Member of Team BVI, Philip Graham said the Virgin Islands has stayed at the forefront in the face of challenges to its regulatory regime.
FS legislation 'systematically eliminating' middle class in VI- Hon Fraser
ROAD TOWN, Tortola, VI - Leader of the Opposition Honourable Julian Fraser RA (R3) called on the Government to reclassify small businesses and local companies so that they can be free of the heavy burdens placed on international companies moving large amounts of money through the various vehicles in the territory’s financial services sector.
Premier Smith blasts international media coverage of Financial Services Sector!
ROAD TOWN, Tortola, VI - Coming out in his strongest defense ever of the Financial Services Sector since the so called Panama Papers data leak, Virgin Islands’ Premier and Minister of Finance Dr The Honourable D. Orlando Smith took to the Parliament, also known as the House of Assembly (HoA), to set the record straight on the sector.
Premier Smith yields to UK pressure on Beneficial Ownership Register
ROAD TOWN, Tortola, VI – With the Panama Papers scandal casting a negative light on the Virgin Islands and the UK continuing to put pressure on its overseas dependencies to open up access to Beneficial Ownership Information even while British PM David Cameron faces harsh criticisms and protests against his involvement and benefiting from the offshore industry, Premier and Minister of Finance Dr The Honourable D. Orlando Smith has yielded and signed Exchange Notes on Beneficial Ownership Information.
Fmr PS Willock takes on hostile BBC journalist in defence of VI Financial Services
ROAD TOWN, Tortola, VI- With the recent Panama Papers leak causing a shakeup in Governments across the globe and much negative attention being directed to the Virgin Islands and other financial services jurisdiction in the region, a private citizen and publisher of Virgin Islands News Online has come out in strong defence of one the territory’s main economic pillars, even while Government and other stakeholders remain silent.
Premier Smith 'out of touch' with reality' – Hon Julian Fraser RA
ROAD TOWN, Tortola, VI - Reacting to the news of the Mossack Fonseca leak of information regarding the global financial services industry yesterday April 4, 2016, Leader of the Opposition Honourable Julian Fraser RA said Premier Dr The Honourable D. Orlando Smith seems to be out of touch with the reality of the situation.
Financial Services Sector rocked by decline & Black Listing- SFC Report
ROAD TOWN, Tortola, VI- Critics of the ruling National Democratic Party (NDP) Administration continue to preach that the Administration is not good at handling regional and international matters, in particular the Financial Services Sector.
Premier Smith baffled VI on money laundering list
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith said the Virgin Islands adheres to all of the required international regulations and conventions and therefore it is baffling why the territory continues to feature in the US State Department's International Narcotic Control Strategy Report.
'It seems the UK wants to undermine our financial services' – John I. Cline
ROAD TOWN, Tortola, VI – Bishop of the New Life Baptist Church John I. Cline has posed the question whether the United Kingdom Government is intentionally trying to undermine the Virgin Islands' financial services sector for their own benefit.
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