His Excellency, the Governor John J. Rankin, CMG, chaired the Meeting held on 11th January 2023. The Meeting was held at the Premier's Conference Room, Cutlass Tower.
All Members were present.
Topic: International Affairs (including the British Virgin Islands International Finance Centre) | Posted By: lstevens
Tuesday, 14 February 2023 - 11:44am
Following a meeting of theCouncil of the European Union on 14 February 2023, the British Virgin Islands (BVI) has been added to the EU list of non-cooperative tax jurisdictions (Annex I). In a statement, the EU Council found that the BVI was not sufficiently in compliance with the OECD standard on exchange of information on request (criterion 1.2). It also noted that this is the first time the BVI has been included in the list.
Today I am pleased to share with you my second Quarterly Review of the implementation of the recommendations of the Commission of Inquiry (COI) Report. This is a key mechanism for monitoring progress. As of the end of December, fifteen of forty-eight recommendations had been completed. In January, we saw further progress, including the receipt of various reviews and audits.
Topic: Good Governance, Public Service Transformation | Posted By: kfrett
Friday, 10 February 2023 - 5:20pm
Madam Speaker, the British Virgin Islands (BVI) has demonstrated its continued commitment to complying with evolving international standards on transparency and the fight against financial crime, with a set of new legislative changes that came into force on 1st January 2023.