BVI government upbeat following UK review

British Virgin Islands: Sailing through turbulent waters: May 2009

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Announced by the UK government in November 2008 as part of its annual budget review, the Foot review was aimed at identifying “current and future risks in financial supervision, transparency and taxation” and assessing the impact of offshore centres on financial stability.

Issues being explored include how these centres are managing the effects of the economic downturn; what opportunities are likely to arise as global markets recover; whether more should be done to strengthen regulatory co-operat

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