BVI: 6 BILLS DESIGNED IN LARGE PART TO DETER FINANCIAL CRIME TAKE EFFECT AFTER RECEIVING ASSENT FROM THE GOVERNOR

On 9 July, the BVI Beacon reported on a set of Acts, including one designed to prevent the proliferation of WMD; combating tax evasion and with tax fraud offences including giving false revenue information to the public service, omitting required data, or obstructing the public service; amending the drug trafficking offences Act and proceeds of criminal conduct Act; preventing travellers from carrying undocumented money in and out of the territory, among other provisions.  It is said that the BVI Premier indicated that the amendments were designed to help the BVI in the upcoming FATF evaluation.

https://www.bvibeacon.com/guv-okays-bills-to-deter-financial-crime/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017