BVI Finance Limited, a new public/private initiative that will see the creation of a company to better support financial services promotion and business development, is set to launch in January 2017.
The Government of the Virgin Islands has announced the launch of a private sector consultation on the impact of country-by-country reporting as part of ongoing initiatives currently being undertaken by the OECD to update the international tax system.
The recent spectrum awards to telecommunications providers in the British Virgin Islands has been welcomed as a potential boost for the BVI Forward campaign to strengthen the financial services sector and the push to improve business infrastructure in the Territory.
Regulating the financial services industry in the British Virgin Islands is the focus of the latest edition of BVI Forward TV which will air on Monday, August 8 on JTV, Channel 55 at 8:00 p.m.
Premier Dr. Hon. D. Orlando Smith, OBE has concluded meetings with Political Leaders of the Overseas Territories (OTs) at the annual Pre-Joint Ministerial Council Meetings in the Turks & Caicos Islands. The BVI Premier joined other leaders from Anguilla, Bermuda, Cayman Islands, Falkland Islands, Gibraltar, Montserrat, Turks and Caicos Islands with whom he discussed plans for the annual Joint Ministerial Council (JMC) and key areas for engagement with the UK; including implications of the United Kingdom’s (UK) departure from the European Union (EU).
More than 60 corporate service providers, lawyers and other financial services practitioners attended a ‘Meet the Regulator in Hong Kong’ seminar hosted by BVI House Asia.
Ladies and Gentleman of the Press, good afternoon.
Today I would like to engage with you on some of the pertinent international issues of the day and then turn to my Government’s efforts in tourism development.