“The British Virgin Islands (BVI) has continued to take steps towards increasing the level of its transparency as well as enhance international cooperation capabilities and efficiency,” Leon Wheatley, Asia Representative of the BVI’s Financial Services Commission, told the 300 plus attendees at the Companies Registry’s Corporate Governance Roundtable, held at the Kowloon Shangri-La Hotel in Hong Kong.

BVI Financial Institutions (BVIFIs) are reminded of their annual reporting obligations for US FATCA, UK CDOT and CRS. 

The Government of the British Virgin Islands and BVI Finance Limited have officially entered into a public/private partnership to develop and promote the financial services industry.

Legal practitioners in the Territory participated in a conference to reflect and assess how to best respond to the needs of their respective clients.

The BVI’s progress on climate change and financial services were presented at the 15th OCT-EU Forum and OCTA Ministerial Conference in Aruba last week.

The International Tax Authority is informing the BVI Financial Accounting Reporting System

BVI London Office Director Benito Wheatley has told a law conference on International Financial Services and Small States that small jurisdictions should not be pushed to the margins of international finance where they would be effectively cut off from legitimate high-income generating economic activity.

As part of the company’s journey to become BVI Finance Limited, a public/private partnership created to better support the BVI’s financial services industry, BVI Finance has elected nine persons to its Board of Directors.

BVI Finance has unveiled its new name and is now BVI Finance Ltd (BVIFL) which completes its transition to a private company.

The Territory's role in the world economy was recently highlighted at the Global Tax Transparency Summit at the House of Commons of the UK Parliament.