BVI Initials Final Text Of FATCA Inter-Governmental Agreement

Tuesday, 11 March 2014 - 12:15pm

The Government of the Virgin Islands and the Government of the United States concluded its negotiations On March 6, 2014, and initialled the final text of an Inter-governmental Agreement (IGA) in respect of the US Foreign Accounts Tax Compliance Act (FATCA), paving the way for its imminent signing and implementation in Territory.

Statement By Premier Of The Virgin Islands Dr. The Honourable D. Orlando Smith, OBE, Setting The Record Straight On FATCA

Thursday, 29 August 2013 - 10:00am

Earlier this week, Member of the House Assembly of the Virgin Islands, Hon. Julian Fraser, issued a statement on matters largely concerning the US Foreign Accounts Tax Compliance Act (commonly known as “FATCA”).

Statement By Premier Dr. The Honourable D. Orlando Smith, OBE On The Initialling Of The Foreign Account Tax Compliance Act Intergovernmental Agreement With The United States

Thursday, 13 March 2014 - 3:45pm

Madame Speaker, in previous meetings of this honourable house I indicated that I would give regular updates on the status of our negotiations with the United States on the Foreign Account Tax Compliance Act or FATCA as it is commonly referred to.

Premier Talks About Future Of Offshore Financial Centres

Wednesday, 10 September 2014 - 10:00am

In discussions on the future of off-shore financial centres, Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith, OBE, presented his insights today at the Foreign Correspondents’ Club during a luncheon meeting hosted by the Hong Kong General Chamber of Commerce.

Statement By Premier And Minister Of Finance - Building A Thriving And Sustainable Financial Services Sector In The British Virgin Islands

Tuesday, 18 November 2014 - 4:00pm

On August 12 of this year, the Government of the Virgin Islands engaged the services of global management consultants - McKinsey & Company – to undertake a Financial Services Management Consultancy. This engagement is to help chart a new direction in the BVI financial services industry, and was as a result of financial services stakeholder meetings held early on in my administration.

Budget Address 2015 - Strengthening Growth - Securing our Future

Monday, 17 November 2014 - 5:15pm

1.         Madam Speaker, I move that the Bill entitled, Appropriation Act, 2014, be read a second time and in so doing, I invite this Honorable House to extend its customary courtesies, in permitting me to deliver the Budget Address.

Premier And Minister Of Finance On The BVI’s First National Risk Assessment

Thursday, 25 September 2014 - 11:00am

Madame Speaker, with your kind permission, I beg to make the following statement with regard to the Virgin Islands’ first National Risk Assessment (NRA) that is currently being undertaken.

Public Reminded Of U.S. FATCA Information Available Online

Tuesday, 12 November 2013 - 10:15am

The Ministry of Finance is reminding the public that information on Foreign Accounts Tax Compliance Act (FATCA) is available online at