Local News
Governor Issues All Clear as Hurricane Ernesto Passes, Urges Caution During Recovery
His Excellency the Governor, Daniel Pruce, has issued an “All Clear” for the Virgin Islands following the passage of Hurricane Ernesto, signaling that the immediate threat has subsided.
Governor Pruce confirmed that, after consultations with the National Emergency Operations Centre and Premier Natalio D. Wheatley, it is now generally safe for residents to move about. Government offices are scheduled to reopen tomorrow, August 15.
“This means that it is generally safe to move about, and that Government offices will re-open tomorrow, but we should all still use caution,” Governor Pruce stated. He advised motorists to be aware of potential hazards such as ponding on roads and scattered debris, and urged mariners to remain vigilant, as rough seas are expected to persist for the next few days.
While a full assessment of the damage caused by Hurricane Ernesto is still underway, initial reports indicate that the storm inflicted significant damage across the islands. The Territory experienced sustained winds of 48 miles per hour, with gusts reaching up to 80 miles per hour. Rainfall averaged five inches, with some areas receiving as much as eight inches.
The Governor acknowledged the impact of flooding on homes and businesses, as well as the widespread property damage caused by strong winds, high waves, and downed trees. “Many have been impacted by flooding, and will need time to repair and restore their homes or businesses,” he said.
Power has been restored in Road Town and Central Tortola, but Governor Pruce cautioned that it may take time for the entire Territory to be fully reconnected. He also urged residents to check on friends and neighbours, particularly those who may be vulnerable.
As the Territory moves into the peak of hurricane season, Governor Pruce stressed the importance of preparation. “I have one more request: As we head into the busiest period of the hurricane season, I ask everyone to consider how they can prepare for the next storm and take steps to be ready,” he advised.
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Local News
British Virgin Islands Financial Services Commission Welcomes New Leadership
The British Virgin Islands Financial Services Commission (BVIFSC) has announced new appointments to its governing board, with Mr. Gerard St Clair Farara KC stepping in as Chairman and Ms. Patlian Johnson as Commissioner. The appointments, confirmed by the Ministry of Financial Services, Labour, and Trade, mark a new chapter for the commission as it seeks to strengthen the territory’s financial services sector.
Mr. Gerard St Clair Farara KC has been appointed to a three-year term as Chairman, effective August 1, 2024. A seasoned legal expert with a distinguished career, Farara currently serves as a Commercial Court Judge for the Eastern Caribbean Supreme Court and leads the litigation team at the BVI office of COLLAS CRILL, formerly Farara Kerins. Farara’s prominence in the legal community is further highlighted by his appointment as Queen’s Counsel in 1996, cementing his standing as a leading figure in the Virgin Islands Bar and the broader Eastern Caribbean.
Ms. Patlian Johnson will serve a one-year term as Commissioner, also beginning on August 1, 2024. Johnson, a Strategy and Policy Advisor with extensive experience, currently holds the position of National Coordinator for the UNDP Project Office. She brings an impressive academic background, including a Master of Science in Economics and Finance from the University of Bristol and a Bachelor of Science in Economics and Accounting with First Class Honours from the University of the West Indies, Cave Hill Campus.
The pair will replace outgoing Chairman Mr. Robin F. Gaul and Commissioner Mr. Melvin A. Turnbull, whose terms have concluded. Minister of Financial Services, Labour, and Trade, Honourable Lorna G. Smith, OBE (AL), praised the new appointments, stating, “I am delighted to welcome Mr. Farara and Ms. Johnson to the BVIFSC Board of Commissioners. Their combined expertise will be invaluable as we continue to navigate the challenges and opportunities facing the financial services sector.”
Smith also expressed gratitude to the departing board members for their significant contributions to the growth and stability of the territory’s financial services industry. According to the Government Information Service (GIS), these appointments underscore the Virgin Islands’ commitment to maintaining a well-regulated and competitive financial services sector.
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