BVI Finance Response to the COI Report and Arrest of Premier

TORTOLA, British Virgin Islands, April 29, 2022 /CNW/ — Neither the publication of the Commission of Inquiry (COI) report into the governance of the British Virgin Islands (BVI), nor the the latest US arrests of Leading Andrew A. Fahie and other folks, ought to be conflated with the BVI fiscal companies sector, which is operationally impartial.

BVI Governor John Rankin confirmed again when announcing details of the COI report these days that this was “not an investigation into the BVI’s economic services sector” and presented his “ongoing aid for the work of the BVI’s Commercial Court docket, the Money Expert services Fee and other regulatory bodies that continue to operate as usual acting in accordance with worldwide regulatory standards and a robust English Frequent Regulation framework.”

The Governor went on to welcome the BVI’s “ongoing fantastic cooperation with law enforcement organizations in the monetary (products and services) industry and the techniques becoming taken with regard to the introduction of publicly available useful ownership registers.”

BVI Finance welcomes these remarks and the jurisdiction will proceed to supply its goods and services as a revered globe-course worldwide economical centre.

Watch original written content:https://www.prnewswire.com/information-releases/bvi-finance-reaction-to-the-coi-report-and-arrest-of-leading-301536631.html

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Look at first information: http://www.newswire.ca/en/releases/archive/April2022/29/c4993.html