The British Virgin Islands government has denied that its Proceeds of Criminal Conduct Law is ‘defective’ by UK standards, even though it agrees that its legislation provides no assistance for foreign investigations into tax offences.
Since the UK has already described the all-crimes laws of Bermuda and Cayman as defective for similar reasons, there would seem to be little doubt that the BVI’s law is considered in a similar light by the UK, which has also been confirmed to us by an independent source.
BVI government discusses its all-crimes legislation
26 years ago
Topics
British Virgin Islands Money LaunderingKeywords
Proceeds of Criminal Conduct Law