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Crown Dependencies reconsider public registers of beneficial ownership
ST PETER PORT, Guernsey- Following the November 2022 ruling of the European Union Court of Justice to strike down the European Union (EU) mandate for public registers of beneficial ownership of all companies, the governments of Guernsey, the Isle of Man and Jersey have jointly announced they are delaying the implementation of legislation to implement full public access to registers of company beneficial ownership.
UK bill proposes elected MPs to represent Overseas Territories in UK parliament
LONDON, United Kingdom- The [British] Virgin Islands could find itself being represented in the United Kingdom (UK) parliament, the House of Commons, by its own elected Member of Parliament (MP) if a bill proposed by a group of MPs in the UK is passed.
Cayman Islands succumb to UK demands on same sex marriage
GEORGE TOWN, Cayman Islands - The United Kingdom (UK) has demanded of its Overseas Territories (OT) and Crown Dependencies—including the Virgin Islands—they legalise same sex marriage and on Friday, March 29, 2019, the Cayman Islands, in a landmark judgment in Grand Court, delivered.
Public Registers: VI dodges ‘Financial Bullet’
WESTMINISTER, London, UK - The Virgin Islands (VI) and other Overseas Territories and Crown Dependencies yesterday, Monday, March 4, 2019, dodged a ‘Financial Bullet’ when British Prime Minister, Ms Theresa M. May, ‘yanked’ the House of Commons led, Financial Services Bill.
Public Registers: Premier Fahie warns Territory of worrying development
ROAD TOWN, Tortola, VI – Days after taking Office, Premier and Minister of Finance, Honourable Andrew A. Fahie (R1), has been met with an international conundrum regarding the decision by the United Kingdom (UK) to have the Virgin Islands (VI) implement Pubic Registers of Beneficial Ownership.
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