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Premier Smith Announces A Game Changer: Direct Flights To Miami

BVI Finance's weekly bulletin returns.

Since the start of 2008’s global economic crisis, all offshore financial services centres have come under increasing pressure from policymakers. Michael Killourhy, a partner at Ogier, describes the BVI as a "sophisticated, compliant financial services centre where the climate for wrong doers is not so attractive."

In a statement delivered during the First Sitting of the Fifth House of Assembly on Monday, December 21, Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith, OBE provided an update on the Beneficial Ownership Registry and stated, “The crux of the beneficial ownership issue is to ensure that we know who beneficially own BVI companies and have the ability to share that information with competent authorities and law enforcement authorities in a timely manner, if and when the need ...

The British Virgin Islands is now removed from the French list of non-cooperative tax jurisdictions.