Last week, the International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL), hosted its Fourth Caribbean Offshore Seminar in the British Virgin Islands (BVI) to explore the many different aspects of the offshore region that make it an integral part of the cross-border insolvency and restructuring landscape.
The Government of the British Virgin Islands has today announced that the independent regulator, the Financial Services Commission (FSC), has issued an enforcement action against Mossack Fonseca & Co (B.V.I) Limited that sees the firm fined $440,000 for its contravention of numerous sections of the Anti-Money Laundering and Terrorist Financing Code of Practice and BVI Regulatory Code.
At the recently concluded Joint Ministerial Council (JMC) in London, the United Kingdom (UK) Government and the Political Leaders of the Overseas Territories (OTs) agreed to hold special ministerial talks in early 2017 on Brexit negotiations before Article 50 of the Lisbon Treaty is triggered.
The appropriate recognitions have already been made, so it should be sufficient to say, good morning to everyone. As Minister for Education and Culture I want to extend a warm Virgin Islands welcome to our guests from the Caribbean Examination Council (CXC), and also to my fellow Caribbean brothers and sisters that through the advances of technology are watching this presentation live, as it is being streamed by CXC.
The Ministry of Education and Culture, in collaboration with the Caribbean Examinations Council (CXC) will launch the Financial Services Caribbean Advanced Proficiency Examination (CAPE) Syllabus tomorrow, November 3.