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May 14th, 2018
PHOTO of the Day: Leaders off to London; Smith & Fahie together

BEEF ISLAND, VI- The Territory’s Leaders, Premier and Minister of Finance and President of the ruling National Democratic Party (NDP), Dr The Honourable D. Orlando Smith (AL), and Leader of the Opposition Hon Andrew A. Fahie (R1) and Chairman of the Virgin Islands Party (VIP), are together on their way to London.

May 11th, 2018
‘UK vote on public registry was unjustified & discriminatory’- Premier Smith

ROAD TOWN, Tortola, VI- He was late in coming out, when compared to the other British Overseas Territories; however, Premier and Minister of Finance Dr The Hon D. Orlando Smith (AL) came out swinging against the United Kingdom (UK) vote on making information on who owns offshore accounts public.

May 10th, 2018
'We must not panic'- Dr Natalio D. Wheatley

ROAD TOWN, Tortola, VI- Ahead of a march planned for May 24, 2018 to demonstrate the Territory’s displeasure with attempts by the United Kingdom to derail the Virgin Islands’ legitimate financial services sector, a number of persons from the sector as well as business persons will be engaged in a public discussion at The Moorings Conference Room, Wickham’s Cay II, today, May 10, 2018 to brainstorm the way forward for the industry.

May 9th, 2018
'We are not panicking in the industry'– Ayana S. Hull

ROAD TOWN, Tortola, VI- In response to the recent decision in The United Kingdom’s (UK) House of Commons to make public the register of Beneficial Owners for companies in their Overseas Territories (OTs), a group of residents has formed a committee and, with government’s and other stakeholders' participation, are planning a public demonstration in the form of a march.

May 2nd, 2018
House of Commons decision ‘does not speak well’ for VI-UK relationship- Dr Smith

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) has always boasted about the relationship that exists between his National Democratic Party (NDP) Government and the United Kingdom Government.

May 1st, 2018
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.

April 30th, 2018
‘Pray that God stay the hands of those voting’ on Public Register- Bishop Cline

ROAD TOWN, Tortola, VI- Cognisant of the significant adverse effect public registers revealing the names of beneficial owners of financial offshore companies could have on the Territory’s financial services industry, President of the BVI Christian Council Bishop John I. Cline has called on the churches to pray that a vote in the House of Commons on Tuesday May 1, 2018 will be in favour of the Virgin Islands and other Overseas Territories (OTs).

April 27th, 2018
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.

November 15th, 2017
New UK Police & Crime Bill could affect VI Offshore Financial Sector

ROAD TOWN, Tortola, VI- While the Virgin Islands might be preoccupied with the rebuilding efforts after two powerful Category 5 hurricanes, Irma and Maria, destroyed the Territory, a new Bill seems to have slipped the eye of local government.

September 12th, 2013
David Cameron confirms the BVI Is not a tax haven

ROAD TOWN, Tortola, VI- The [British] Virgin Islands (BVI) welcomes David Cameron’s statement to the House of Commons in which he commended the Overseas Territories and Crown Dependencies for the actions taken to ensure the highest standards of tax transparency and that it is no longer fair to refer to the BVI, and its peers, as ‘tax havens’.

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