Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign and Commonwealth Affairs, what recent representations he has made to the Premier of the British Virgin Islands on the Panama Papers.
None. Financial regulation is a matter for the BVI Government, which has made clear its commitment to addressing the concerns raised. In November 2016, the BVI Financial Services Commission imposed a record administrative penalty against Mossack Fonseca's BVI operation, citing breaches of BVI's Anti-Money Laundering and Terrorist Financing Code and its Regulatory Code.