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What was achieved for VI from Brexit talks?
LONDON, United Kingdom- Days after the Colonial Power the United Kingdom voted via a referendum in June 2016 to leave the European Union, Premier Dr The Honourable D. Orlando Smith (AL) went public saying that the Virgin Islands (VI) wants to be at the table when the exit is being negotiated.
Judge all financial centres on the same criteria- E. Benito Wheatley
ROAD TOWN, Tortola, VI- With the Virgin Islands (VI) many times unfairly labelled as a “tax haven” and demonised by the international media and certain developed countries that are also financial services jurisdictions, BVI London Office Director and United Kingdom/European Union Representative Mr E. Benito Wheatley has called for a level playing field among offshore and onshore international finance centres.
With a set date for UK to exit the EU, VI still not @ Table
ROAD TOWN, Tortola, VI- The Virgin Islands Political Class, including United Kingdom (UK) appointed Governor John S. Duncan OBE, Premier Dr the Honourable D. Orlando Smith, and Opposition Leader Hon Julian Fraser RA, (R3) all spoke about the UK’s decision, known as Brexit, to leave the European Union following a referendum on June 23, 2016.
Benefits of EU to UKOTs under threat by 'Brexit' - E. Benito Wheatley
ROAD TOWN, Tortola, VI – A report prepared by Peter Clegg for the United Kingdom Overseas Territories Association (UKOTA) in June 2016 has pointed out some of the benefits to the OTs of the European Union and whose benefits could be impacted by the upcoming UK referendum on EU membership, commonly referred to as 'Brexit'.
Under pressure VI holds out on ‘Public’ Beneficial Ownership Register
ROAD TOWN, Tortola, VI- The Virgin Islands (VI) has declared it is not willing to go the extra mile of making beneficial ownership information public unless there is international regulation in place and that all financial services jurisdictions also comply.
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