ARTICLE · 14 JULY 2016

BVI Industry Update On Substance-Based Growth Plans

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Substance-based growth plans will be a key element of the continued success of the BVI financial services industry in the coming years, says Ogier's BVI practice partner Ray Wearmouth

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Substance-based growth plans will be a key element of the continued success of the BVI financial services industry in the coming years, says Ogier's BVI practice partner Ray Wearmouth.

At a recent BVI Finance Breakfast Forum he presented an update to the industry on the proposed plans for the enhancement of the BVI's value-added product base which will aim to attract more substance-based growth to the Territory.

Corporate headquarters, family offices and green-tech platforms and are all areas of focus under the BVI Forward blueprint, comprising ten key strategic priorities for the jurisdiction.

Ray sits on the Steering Committee that now oversees the wider implementation of the BVI Forward priorities, and was actively involved in the process that saw McKinsey endorse the plan in early 2015.

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