BVI Financial Services - The Value Of The BVI To The Global Economy

Monday, 18 April 2016 - 3:15pm

Madam Speaker, I have just updated this Honourable House with where we are in strengthening our Financial Services structure. Now I would like to put things into a different perspective focusing more on the value of the BVI to the global economy. 

BVI Financial Services – BVI Remains Well-Regulated, Internationally Compliant

Monday, 18 April 2016 - 2:45pm

Madam Speaker we are all aware that BVI is home to a Financial Services Industry that is of global pre-eminence. The core of this industry is our company incorporation business which is revered the world over as it is used to facilitate a myriad of international business transactions. 

BVI Committed To International Standards On Tax And Transparency

Tuesday, 12 April 2016 - 1:15pm

Premier and Minister of Finance Dr. Hon. D. Orlando Smith, OBE has welcomed the statement made by Prime Minister Rt. Hon. David Cameron,..... 

BVI Financial Services Commission Statement on Recent Media Reports Concerning BVI Licensees

Monday, 11 April 2016 - 4:30pm

The British Virgin Islands Financial Services Commission (FSC) is fully aware of and concerned by the issues that have surfaced by the International Consortium of Investigative Journalists’ (ICIJ) recent investigative reporting and the compliance implications for BVI licensees.

Premier Smith: BVI Will Remain A Jurisdiction Of Highest Integrity

Saturday, 9 April 2016 - 12:15am

As you are aware, the start of this week has been quite interesting and challenging for our financial services sector, an industry that we have long been fighting hard to defend due to report raises by the International Consortium of Investigative Journalists (ICIJ) of the Panama Paper, particularly regarding alleged abuse or misuse of BVI structures.

Statement By Government Of The British Virgin Islands On ICIJ Leak Of ‘Panama Papers’

Tuesday, 5 April 2016 - 1:30pm

The Government of the British Virgin Islands is very concerned by the issues that the International Consortium of Investigative Journalists (ICIJ) report raises, particularly regarding alleged abuse or misuse of BVI structures. 

BVI Forward Communications Campaign Kicks Into High Gear

Tuesday, 5 April 2016 - 10:00am

The Financial Services Implementation Unit (FSIU) is moving its BVI Forward education and awareness campaign into high gear.

Extension Of Reporting Deadline For UK CDOT Or UK FATCA Filings

Friday, 1 April 2016 - 1:00pm

BVI Financial Institutions (BVIFIs) are notified that the BVI Financial Account Reporting System (BVIFARS) will be ready to accept UK CDOT or UK FATCA filings by Monday, May 2. 

BVI Financial Institutions Reminded Of FATCA Reporting Obligations

Thursday, 10 March 2016 - 9:00am

The Government of the Virgin Islands remains committed to ensuring that financial institutions in the Territory adhere to established international standards. 

BVI Makes Meaningful Contribution At European Union Meetings

Wednesday, 9 March 2016 - 5:30pm

The British Virgin Island’s response to global warming and its engagement with the EU on Financial Services were stated recently during meetings of the Overseas Countries and Territories Association (OCTA) and European Union (EU).