First Board Meeting of the Board of the BVI International Arbitration Centre
24/11/2015
PRESS RELEASE
FIRST BOARD MEETING OF THE BOARD OF THE BVI INTERNATIONAL ARBITRATION CENTRE
Tortola, British Virgin Islands - 24 November, 2015 - The Board of the BVI International Arbitration Centre held its inaugural meeting in Road Town, Tortola, British Virgin Islands on Thursday 12 November, 2015. Premier and Minister of Finance, Dr. the Hon D. Orlando Smith, OBE delivered remarks to the Board to commemorate the first meeting which he described as “a very happy occasion for our territory”. He went on to say that the Arbitration Centre is “exactly the sort of value-added initiative which the McKinsey report recommended to strengthen the financial services sector in the BVI…” and that “…it is an essential vehicle for taking the BVI forward.” The Honourable Premier also assured the Board of Government’s support as well as its commitment to the independence and autonomy of the Centre which the Government recognises as critical to its attractiveness and success.
To read the full press release, visit the Financial Services Commission website here.