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British Virgin Islands Offshore
http://bvioffshoreibc.blogspot.com/
Read about what is happening on BVI, what its offshore incorporation and tax haven issues are, what the current situation with offshore BVI IBCs, trusts and bank accounts is, explore how legislation is amended.
104 articles
UK Overseas Territories Attorneys General Conference being Held in Cayman Islands
From British Virgin Islands Offshore , 7 month ago, Read 0 times. Similar articles
This week, the 20th annual conference was opened in the Cayman Islands, where meet attorneys general from British Overseas Territories, including British Virgin Islands, Anguilla, Montserrat, Turks and Caicos, Pitcairn and the Cayman Islands. Attorneys general from Bermuda, the South Atlantic Territories of St Helena, Ascension and Tristan da Cunha, Falkland Islands and Gibraltar are not present at the meeting.During the conference, the attorneys general discuss the important issues for their...
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UK Launches Consultations with Overseas Territories
From British Virgin Islands Offshore , 7 month ago, Read 0 times. Similar articles
Henry Bellingham, Minister of State at Britain's Foreign and Commonwealth Office, who is in charge of overseas territories, has formally launched a consultation process in respect of the new White Paper that will be produced and published in 2012 on the UK's relationship with its Overseas Territories, including British Virgin Islands. In a speech during his visit to Bermuda, Mr. Bellingham said that the UK government's strategy towards the Overseas Territories focuses on the following areas:...
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BVI FSC Informs on New FATF Public Statement
From British Virgin Islands Offshore , 8 month ago, Read 0 times. Similar articles
The British Virgin Islands Financial Services Commission has published on the home page a Public Statement of the Financial Action Task Force (FATF), which was issued as an update to the FATF statements previously issued in October, 2010, and in February, 2011. The updated statement identified jurisdictions with strategic anti-money laundering and combating the financing of terrorism (AML/CFT) deficiencies that have not made sufficient progress in addressing these issues. These are Bolivia,...
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BVI Ranked First in the Region for Best Quality of Life
From British Virgin Islands Offshore , 8 month ago, Read 0 times. Similar articles
In a report which was recently released by FDI Intelligence, a division of the Financial Times of London, the British Virgin Islands was ranked in the top first place in the list of countries of the Caribbean and Central America.The report was published based on data compiled by the division of the Financial Times ans scored by an independent judging panel. Judging criteria for the category, which the BVI was the first, was based on multiple factors including life expectancy, infant mortality,...
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UK HMRC Targets Information-sharing Agreements with BVI and Panama
From British Virgin Islands Offshore , 8 month ago, Read 0 times. Similar articles
HM Revenue and Customs is planning to extend his crackdown on tax havens used by the British citizens to move their assets. After targeting Switzerland and Liechtenstein, HMRC will aim to reach information-sharing agreements with Panama and the British Virgin Islands.
It is believed that substantial sums of tax are being evaded by owners of property in London whose identity remains unknown to the UK authorities, and HMRC is looking closely at countries which have strict secrecy laws relating...
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BVI Financial Investigation Agency Signed MOUs with Six Countries
From British Virgin Islands Offshore , 8 month ago, Read 0 times. Similar articles
The British Virgin Islands Financial Investigation Agency (BVI FIA) has signed six Memoranda of Understanding (MOU) with the Financial Intelligence Units of the following countries: Russia, Moldova, Macedonia, Poland, Australia and Montenegro. On behalf of the BVI FIA, the MOUs were signed by its Director Mr Errol George.
The MOUs were signed with the purpose to foster cooperation between the BVI FIA and the Financial Intelligence Units from other countries, which are all members of the Egmont...
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BVI FSC Issues Quarterly Statistical Bulletin
From British Virgin Islands Offshore , 9 month ago, Read 0 times. Similar articles
The British Virgin Islands Financial Services Commission has issued regular volume of Quarterly Statistical Bulletin, providing information on financial services activities in the jurisdiction in the first quarter of 2011.According to the information published by the Registry of Corporate Affairs, in the reported period 19,010 Business companies were registered, a significant increase as compared to 14,267 companies registered in the fourth quarter of 2010, and to 16,596 companies registered in...
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BVI FSC Publishes Guidance Notes for Compliance Inspectors
From British Virgin Islands Offshore , 10 month ago, Read 0 times. Similar articles
The British Virgin Islands Financial Services Commission has published Code of Conduct for Compliance Inspectors, which will serve as a guidance for members of Commission's Compliance Inspection Team while carrying out the inspection duties.This Code of Conduct establishes basic standards to be maintained by all inspectors while conducting compliance inspections of the Commission's licensees. Also, the Code of Conduct serves as a guide to the Commission's licensees in terms of what they expect...
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FSC Issues Public Announcement on BVI Mutual Fund
From British Virgin Islands Offshore , 10 month ago, Read 0 times. Similar articles
The British Virgin Islands Financial Services Commission issued public statement informing the general public, including investors and creditors, that Advantage Finance European Futures Fund Ltd is no longer recognised by the FSC as a private mutual fund.According to the document published by the Commission, the Fund was incorporated in the territory of the British Virgin Islands on 5 March, 1999. It was formerly recognised by the Commission as a private mutual fund to conduct mutual fund...
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Regulations Published by the Commission
From British Virgin Islands Offshore , 10 month ago, Read 0 times. Similar articles
Last week, a number of regulations was published by the British Virgin Islands Financial Services Commission. The documents issued by the Financial Services Commission are Financial Services (Miscellaneous Exemptions) Regulations, 2011, and Financial Services (Miscellaneous Exemptions) (Amendment) Regulations, 2011.The first document includes the exemptions applicable to the Banks and Trust Companies Act, 1990 ? from providing particulars to be specified in application for Class II and Class...
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