Wednesday, October 10 – In what has been described as highly successful, the International Finance Centre (IFC) ended a tri-capital roadshow today with visits to London, Hong Kong and Singapore.

The BVI delegation led by Deputy Premier Honourable Dancia Penn OBE, QC, comprised established BVI practitioners as well as the Executive Director of the IFC Mrs. Lorna Smith and Chief Operations Officer Mrs. Sherri Ortiz.

The delegation completed the tri-capital roadshow in Singapore today where they hosted another afternoon of presentations at the prestigious Raffles Hotel with more than 150 stakeholders and practitioners from South East Asia participating.

Deputy Premier Mrs. Dancia Penn said: “The BVI has seen tremendous growth over the past few years and we are delighted to be continuing our steps forward as a major financial jurisdiction.”

“Our commitment to further strengthening our core services in company incorporations, trusts, banking, insurance, shipping registration and investment business are clearly communicated to and understood by stakeholders in these jurisdictions,” Hon. Penn added.

While in London from October 3-4, the delegation met with over 150 service providers in the financial services industry and provided updates on the regulatory environment and current trends in trust and corporate business through meetings and presentations.

The Deputy Premier attended the presentations and addressed service providers on October 4. IFC and private sector representatives also met with several leading banks, investment houses and law firms.

From London the delegation travelled to Asia where, in Hong Kong, the Deputy Premier and delegates hosted a 180-person conference on October 8. Industry professionals and the delegation engaged in lively discussions in corporate business, investment business and trust and estate planning in an afternoon of presentations and breakout sessions.

The delegation also met with influential media in Hong Kong and Singapore, including journalists from the South China Morning Post, China Daily, The Hong Kong Economic Journal, The Straits Times and The Business Times. The media briefings are expected to have a far-reaching impact in further deepening the understanding among the Asian business community toward the attractive and reliable offerings established in the BVI.

Executive Director of the BVIIFC Mrs. Lorna Smith said it has been a hugely productive and successful ten days.

“We received very positive feedback from our audiences in all three jurisdictions who are interested in learning more of the innovative products and high quality services that the BVI provides,” she said, adding that the roadshow was a close collaborative effort between Government and the private sector.

The International Finance Centre (IFC) is the government body charged with marketing and promoting the Territory’s financial services sector.

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For more information, contact:
Sherri Ortiz 
Chief Operations Officer (IFC)
468-3701 ext. 2606 
ortizs@bvifsc.vg

www.bvi.vg.gov    From BVI Government Web site.