News
The Brexit Conundrum
By Dickson C. Igwe
A Second Referendum is the only real option to exit the Brexit mess.
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.
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.
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.
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.
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.
‘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.
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.
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.
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.