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Newsletter | Articles British Virgin Islands Announces Official Launch of ‘Team BVI’ Ambassadors from the public and private sectors are set to be the face and voice of the British Virgin Islands’ financial services industry. Last month the BVI International Finance Centre announced the official launch of ‘Team BVI’, a unit of ambassadors from the government, the regulator’s office and the private sector. The team’s main aim is to create a competitive advantage by presenting the territory as a modern and progressive jurisdiction. The move follows the inaugural meeting of the 15 founding members of Team BVI in October. Dr Kedrick Pickering, a founding member of the team, said: ‘The BVI has a proud and long-standing tradition of public and private sector partnership. By formalising this working relationship into the Team BVI concept, we have created an initiative that is unique in the world of offshore finance and will help the BVI continue its rapid growth and diversification in international financial services.’ Team BVI will voice the territory’s competitive financial products and services and represent the BVI at select public forums. It will also be responsible for arranging the participation of the broader financial services sector in the jurisdiction’s marketing activities. Chief Operations Officer Humphry Leue, from the BVI International Finance Centre, said: ‘Our intention is to build a team of spokespeople that will represent the jurisdiction and its successes on the international stage. ‘Whilst there are 15 founding members, we will actively seek the assistance and expertise of the entire financial services sector in a collective push to showcase the jurisdiction’s leading offshore finance offer.’ Further information from Gwen Rubaine. |