News
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.
'Whose interest are we serving with Legal Prof. Act amendments?' – Hon Julian Fraser RA
ROAD TOWN, Tortola, VI – Leader of the Opposition Honourable Julian Fraser RA (R3) has questioned the Government as to whose interest is being served by the amendments to the Legal Profession Act after the legislation had been agreed upon just about one year ago.
Hons Fraser, Fahie slam Govt for rushing legislation through HOA
ROAD TOWN, Tortola, VI – First District Representative Honourable Andrew A. Fahie warned the National Democratic Party (NDP) Government against making the rushing of legislation through the House of Assembly the norm rather than the exception.
‘New air access will attract more financial services to VI’ – Julien N. Johnson
ROAD TOWN, Tortola, VI – Executive Director of BVI Finance Julien N. Johnson has described as critical the reality of direct air access to and from the Virgin Islands from Miami, Florida, USA, calling the development a welcomed one for the financial services sector whose personnel need such direct access.
2016 is here! The good, the bad & the ugly of last year
ROAD TOWN, Tortola, VI- The Virgin Islands, like other parts of the world, brought in the New Year 2016 with drinking, parties, eating and of course most attended church.
'We know who beneficially owns VI companies’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith announced in the House of Assembly on Monday December 21, 2015 during the Fifth Sitting of the First Session of the Third House of Assembly that the territory was successful in gaining recognition for its “largely compliant rating” by the Organisation for Economic Cooperation and Development (OECD), which said that the territory should not be labelled as a tax haven.
‘France has lifted its blacklist on VI’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier Dr The Honourable D. Orlando Smith last night December 21, 2015 claimed that the blacklist imposed by France in 2013 on the Virgin Islands' financial services sector has been lifted.
‘All must be responsive to save financial services industry’ - Dr Robert A. Mathavious
ROAD TOWN, Tortola, VI – Chief Executive Officer (CEO) of the BVI Financial Services Commission (FSC) Dr Robert A. Mathavious, speaking at a 'Meet the Regulator' forum on November 19, 2015, said if the territory is to continue to be a relevant player in the international financial services industry, all parties must be alert to the risks and be responsive.
Social media ills & FS among topics for ‘Show Love’ girls seminar
ROAD TOWN, Tortola, VI – Reporters and a number of sponsors of the Follow The Movement (FTM) ‘Show Love’ seminar for young women were given a sneak preview on October 8, 2015 of some of the topics expected to make an indelible impression on the participants and helping them to fashion their lives during and after school age.