BVI Delegation Participates in Global Tax Transparency Summit

The delegation from the British Virgin Islands represented the territory at the Global Tax Transparency Summit which was organised by the House of Commons Public Accounts Committee and held on December 9. The Summit brought together parliamentarians, business academics, campaigners and tax experts with the purpose to discuss tax transparency and tax avoidance.

The BVI delegation including BVI UK representative Benito Wheatley and BVI London Office deputy director Dr Sandra Besson attended plenary sessions and took part in a lunch roundtable on transparency. It was important for the BVI to be present at the event to make sure that main participants are aware of the positive role BVI plays in the world economy and its compliance with international standards on tax transparency.

BVI Finance Announced New Marketing and Business Strategy

BVI Finance updated its marketing and business development strategy for 2017 to 2020, and local financial services industry was informed of the BVI Finance's plans to develop the sector.

The BVI Finance Strategy update provided an insight on the marketing and business development initiatives, and the progress of BVI Finance in transition to BVI Finance Limited. 

Among officials which presented at the event devoted to the strategy update, there were interim executive director of BVI Finance Lorna Smith, permanent secretary in the Premier Office and chair of the BVI Finance interim board, Brodrick Penn, and BVI Finance's head of business development, Gary Hales who defined the main strategic aims of the organisation, and its key deliverables.