Today I am pleased to share with you my second Quarterly Review of the implementation of the recommendations of the Commission of Inquiry (COI) Report. This is a key mechanism for monitoring progress. As of the end of December, fifteen of forty-eight recommendations had been completed. In January, we saw further progress, including the receipt of various reviews and audits.

Madam Speaker, the British Virgin Islands (BVI) has demonstrated its continued commitment to complying with evolving international standards on transparency and the fight against financial crime, with a set of new legislative changes that came into force on 1st January 2023.

The public is informed that the Governor’s Office will temporarily close for a staff event from 1:00 p.m. on February 3 and will resume regular office hours on Monday February 6.

Madam Speaker, thank you for another opportunity to update this Honourable House on the progress being made with the implementation of the Recommendations of the Commission of Inquiry Report. 

A pleasant good morning. I am pleased to have another press conference to keep the public informed. My update today is on my official visit to the United Kingdom which concluded yesterday.

The Government of the Virgin Islands is aware of misinformation that is posted by Guavaberry Media Inc. on Facebook and is being circulated via social media about Premier and Minister of Finance Dr. the Honourable Natalio D. Wheatley’s recent travel to the United Kingdom.

The Commission of Inquiry Implementation Unit is advising the public that it has reported to the Governor and Premier on the status of work completed up to the end of December 2022.

Premier and Minister of Finance Dr. the Honourable Natalio D. Wheatley will lead a delegation to London, United Kingdom, from 14 – 22 January.