BVI Finance Response to the COI Report and Arrest of Premier

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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 new US arrests of Leading Andrew A. Fahie and other people, should be conflated with the BVI monetary services sector, which is operationally impartial.

BVI Governor John Rankin verified again when saying particulars of the COI report today that this was “not an investigation into the BVI’s money companies sector” and supplied his “continued aid for the perform of the BVI’s Professional Court, the Economic Providers Commission and other regulatory bodies that keep on to function as normal performing in accordance with intercontinental regulatory expectations and a sturdy English Frequent Legislation framework.”

The Governor went on to welcome the BVI’s “ongoing great cooperation with legislation enforcement businesses in the money (providers) subject and the actions staying taken with regard to the introduction of publicly available helpful possession registers.”

BVI Finance welcomes these remarks and the jurisdiction will continue to provide its items and services as a revered entire world-class international economic centre.

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