Speeches & Statements

E.g., 31 Oct 2024
E.g., 31 Oct 2024

Statement By Premier And Minister Of Finance - Building A Thriving And Sustainable Financial Services Sector In The British Virgin Islands

Topic: Finance and Fiscal Policy, Financial Services | Posted By:

 
Tuesday, 18 November 2014 - 4:00pm

On August 12 of this year, the Government of the Virgin Islands engaged the services of global management consultants - McKinsey & Company – to undertake a Financial Services Management Consultancy. This engagement is to help chart a new direction in the BVI financial services industry, and was as a result of financial services stakeholder meetings held early on in my administration.

Budget Address 2015 - Strengthening Growth - Securing our Future

Topic: Budget Estimates, Finance and Fiscal Policy | Posted By:

 
Monday, 17 November 2014 - 5:15pm

1.         Madam Speaker, I move that the Bill entitled, Appropriation Act, 2014, be read a second time and in so doing, I invite this Honorable House to extend its customary courtesies, in permitting me to deliver the Budget Address.

Remarks By Deputy Premier On The Occasion Of The Official Launch Of The Labour Arbitration Tribunal

Topic: Labour | Posted By:

 
Tuesday, 11 November 2014 - 3:45pm

Today is a red-letter day in this Territory. Since taking on the leadership of the Ministry of Natural Resources and Labour I have been moving forward in a very calculated, yet cautious, manner to ensure that the residents of this Territory are well served.

Statement By Deputy Premier On Remembering Bahamian Spiritual Leader Dr. Myles Munroe

Topic: International Affairs (including the British Virgin Islands International Finance Centre) | Posted By:

 
Monday, 10 November 2014 - 5:15pm

Today, it is with deep sorrow that I  make a short statement on the untimely passing of Dr. Myles Munroe, a man whom I had the privilege of meeting while I attended conferences, in the region and internationally. 

Statement By Premier on Foreign Account Tax Compliance Act (FATCA)

Topic: Finance and Fiscal Policy | Posted By:

 
Thursday, 9 October 2014 - 10:30am

Madam Speaker, a few sessions ago I came before this house and give a statement on the Foreign Account Tax Compliance Act (FATCA) and the effects that it would have on the Government and the people of the Virgin Islands. In this statement I described briefly the rationale behind FATCA and how it would be expected to affect the industry and private citizens here in the Virgin Islands.

Premier And Minister Of Finance On The BVI’s First National Risk Assessment

Topic: Finance and Fiscal Policy, Financial Services | Posted By:

 
Thursday, 25 September 2014 - 11:00am

Madame Speaker, with your kind permission, I beg to make the following statement with regard to the Virgin Islands’ first National Risk Assessment (NRA) that is currently being undertaken.

Statement By On US Foreign Account Tax Compliance Act (FATCA) And The United Kingdom’s Version Of The FATCA (Referred To As “The UK FATCA”)

Topic: Finance and Fiscal Policy | Posted By:

 
Wednesday, 24 September 2014 - 10:15am

Madam Speaker, after fully analyzing the nature, scope and contents of the US Foreign Account Tax Compliance Act (FATCA) and the United Kingdom’s version of the same (referred to as “the UK FATCA”), I am pleased to announce that the Government of the Virgin Islands has decided that in concert with concluding negotiations leading to an Agreement with respect to the UK FATCA as a matter of prior

Statement By Premier Dr. The Honourable D. Orlando Smith, OBE On The Initialling Of The Foreign Account Tax Compliance Act Intergovernmental Agreement With The United States

Topic: Finance and Fiscal Policy | Posted By:

 
Thursday, 13 March 2014 - 3:45pm

Madame Speaker, in previous meetings of this honourable house I indicated that I would give regular updates on the status of our negotiations with the United States on the Foreign Account Tax Compliance Act or FATCA as it is commonly referred to.

Statement By Premier Of The Virgin Islands Dr. The Honourable D. Orlando Smith, OBE, Setting The Record Straight On FATCA

Topic: Finance and Fiscal Policy | Posted By:

 
Thursday, 29 August 2013 - 10:00am

Earlier this week, Member of the House Assembly of the Virgin Islands, Hon. Julian Fraser, issued a statement on matters largely concerning the US Foreign Accounts Tax Compliance Act (commonly known as “FATCA”).

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