Deputy Premier and Minister for Natural Resources Labour, Dr. the Honourable Kedrick Pickering has concluded ministerial meetings between the Overseas Territories (OT) and United Kingdom (UK) on Brexit.
The House of Lords earlier today debated the validity of a House of Commons amendment to require public central registers of beneficial ownership in the Overseas Territories (OT) during their Consideration of Commons Amendments to the Sanctions and Anti-Money Laundering Bill.
The Premier of the British Virgin Islands (BVI), Dr. the Honourable D. Orlando Smith, OBE, and the Leader of the Opposition, Honourable Andrew Fahie, have called on the United Kingdom (UK) Government and Parliament to respect the Virgin Islands Constitution ahead of the House of Lords consideration of the Sanctions and Anti-Money Laundering Bill on May 21 and its provisions on public central registers of beneficial ownership in the Overseas Territories.
Ms. Elise Donovan, Director of BVI House Asia, has met with the new Director General of Shenzhen Foreign Affairs Office, Ms. Cai Ying; Deputy Director General, Mr. Yao Weizhi; and Director of Protocol Division, Ms. Claire Xie today in Civic Center, Shenzhen.
The public, especially the BVI Financial Institutions that have reporting obligations to be satisfied in the year 2017 are being notified that the authority’s email and the web-based portal the BVI Financial Account Reporting System (BVIFARS) are down, as a result of the Tropical Wave that affected the Territory last week.