International
UK Continuing To Collaborate with Overseas Territories To Establish Publicly Accessible Registers
Labour MP Raises Questions in Parliament Regarding Compliance with Sanctions and Anti-Money Laundering Act
The Parliamentary Under-Secretary for HM Treasury and the Foreign, Commonwealth, and Development Office David Rutley has informed the United Kingdom Parliament that the government is working with Overseas Territories to establish publicly accessible registers in line with the Sanctions and Anti-Money Laundering Act.
“We continue to keep the Order in Council under review and continue to work with the Governments of the Overseas Territories to implement publicly accessible registers of beneficial ownership,” the Assistant Whip told Parliament on November 17, in response to a query from Labour Parliamentarian Margaret Hodge.
Hodge’s inquiry was aimed at the Secretary of State for Foreign, Commonwealth, and Development Affairs, seeking details on the adherence of the UK’s overseas territories to the Sanctions and Anti-Money Laundering Act of 2018.
It was centred on whether the Secretary of State intended to reassess the decision not to lay the Order in Council, a document crafted to fulfill the requirements stipulated in section 51 of the Sanctions and Anti-Money Laundering Act 2018. This legislative provision plays a crucial role in combating illicit financial activities and promoting transparency in the United Kingdom’s financial landscape.
Rutley’s response indicates that the UK government is actively working with Overseas Territories, including the British Virgin Islands, whose economies heavily rely on the financial services sector.
The UK government has publicly declared its commitment to addressing concerns regarding financial transparency and combating money laundering. There is ongoing scrutiny of the Order in Council, a government-used legal tool, to assess its potential impact on establishing publicly accessible registers of beneficial ownership.
The registers will list the true owners of companies and assets, contributing to the global fight against corruption and illicit financial activities.
Legislators in the British Virgin Islands are closely observing the progress of the Order review
The United States has announced that Venezuelan President Nicolás Maduro is under indictment on federal drug trafficking and narco-terrorism charges, formally asserting that the Venezuelan leader faces criminal prosecution in U.S. courts.
The announcement, made amid sharply escalating tensions between Washington and Caracas, confirms that Maduro is accused of conspiring to flood the United States with cocaine in coordination with armed groups and corrupt officials. U.S. prosecutors allege that Maduro played a central role in a criminal enterprise that used Venezuela as a key transit hub for narcotics destined for American cities.
The case remains pending in U.S. federal court, with American officials saying the indictment will stand until Maduro appears before a judge.
The BVI Airports Authority is advising the traveling public of current regional airspace restrictions resulting from a notice issued by the Federal Aviation Administration.
The notice affects U.S.-registered aircraft and U.S.-based carriers operating within the Caribbean region. As a result, flights to and from the Virgin Islands may be subject to delays, diversions, rescheduling, or cancellations, depending on individual airline routing and operational decisions.
The Authority emphasized that these restrictions are outside its control and are being managed directly by the affected airlines in accordance with applicable regulatory requirements.
Passengers are strongly advised to:
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Contact their airline directly for the most current and accurate information regarding flight status; and
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Confirm flight details before traveling to the airport, as schedules may change with limited notice.
The BVI Airports Authority said it remains in close communication with airline partners and relevant aviation stakeholders and will continue to provide updates as additional information becomes available.
The Authority thanked the public for its understanding and cooperation, noting that safety remains the top priority.
Former President Donald J. Trump claimed on Saturday, January 3, that U.S. forces had detained Venezuelan President Nicolás Maduro and Venezuela’s first lady Cilia Flores Mr. Maduro and removed him from Venezuela during an overnight military operation.
In a statement posted in the early hours of Saturday, Jan. 3, Mr. Trump said American forces had carried out what he described as a decisive operation in and around Caracas, asserting that Mr. Maduro and Ms. Flores were taken into custody and flown out of the country. Mr. Trump did not specify which U.S. agencies were involved or where Mr. Maduro was being held.
There was no immediate confirmation from the White House, the Pentagon, or the State Department. As of early Saturday, U.S. officials declined to comment, and no formal announcement had been issued by the Biden administration or military leadership.
Reports of explosions in Caracas circulated on social media shortly before 2 a.m. local time. Journalists from CNN reported hearing multiple blasts and observing power outages in parts of the capital, though the cause and scope of the incidents remained unclear.
Venezuela’s vice president, Delcy Rodríguez, said in a televised address that the government had not been able to confirm the whereabouts of Mr. Maduro or Ms. Flores. She accused the United States of what she called a “criminal military aggression” and said Venezuela had placed its armed forces on high alert. Her claims could not be independently verified.
In Washington, Senator Mike Lee, Republican of Utah, said he had been briefed by Secretary of State Marco Rubio, who told him that Mr. Maduro had been detained under longstanding U.S. criminal indictments. Senator Lee said the operation was intended to enforce an arrest warrant and ensure the safety of U.S. personnel involved.
Mr. Maduro has been indicted by the U.S. Department of Justice since 2020 on charges including narcotrafficking, narco-terrorism, and conspiracy to import cocaine into the United States. U.S. prosecutors have accused him of leading the so-called Cartel of the Suns, allegations Mr. Maduro has repeatedly denied, calling them politically motivated.
For years, the U.S. government has offered millions of dollars in rewards for information leading to Mr. Maduro’s arrest. Until now, the charges had not been enforced through direct military action.
Legal experts said any U.S. military operation on Venezuelan soil would raise immediate constitutional questions, particularly in the absence of congressional authorization. Senator Lee himself has previously expressed concern over presidential war powers and the lack of a formal authorization for the use of military force.
Across Latin America, governments have historically opposed foreign military intervention in the region, and diplomatic reaction was expected to be swift. As of Saturday morning, Venezuelan state media had not acknowledged any detention of Mr. Maduro, and his location remained unknown.
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