Local News
BVI Premier Seeks Removal of Opposition No-Confidence Motion Over Procedural Errors
British Virgin Islands Premier Natalio Wheatley has requested the removal of an opposition no-confidence motion from the House of Assembly’s Order Paper, citing procedural inaccuracies in its submission.
The motion, which seeks the dissolution of the current Fifth House of Assembly and calls for new elections, has created a tense atmosphere in the proceedings on September 3.
The Leader of the Opposition, Ronnie Skelton, is barred from introducing the motion, which criticises Premier Wheatley and Finance Minister for a series of alleged failures.
The opposition accuses the Virgin Islands Party (VIP)-led government, in power since April 2023, of worsening the economic outlook, diminishing quality of life, and eroding public trust.
Key points in the motion include Wheatley’s recent admission of a $20 million underestimation in public officials’ salaries, which could strain public resources.
It also criticises the Premier for failing to deliver an economic plan or a tourism strategy, and for mismanaging government assets like the Prospect Reef Hotel and the British Virgin Islands Music Festival 2024.
Other grievances include excessive international travel spending, underfunding of crucial sectors such as education and agriculture, and concerns about the Premier’s handling of infrastructure and public safety.
Further complaints involve the Premier’s unilateral decisions on decolonisation discussions with the UN and acceptance of the Commission of Inquiry’s recommendations, which the opposition argues have eroded public trust and accountability.
Residents are closely monitoring today’s House of Assembly proceedings, which are expected to have significant implications.
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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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