British | British Columbia | British Army | Order of the British Empire | British Museum | Canary Islands | Federal Communications Commission | British Empire | British people | European Commission | British Raj | Faroe Islands | British India | Solomon Islands | University of British Columbia | Channel Islands | British Airways | Falkland Islands | British Council | Royal Commission | Marshall Islands | British Isles | South Shetland Islands | British Indian Army | British Malaya | Virgin Records | British Library | Hawaiian Islands | British Royal Family | British Armed Forces |
Former president of the BVI's Financial Services Commission, Michael Riegels, recites the anecdote that the offshore finance industry commenced on an unknown date in the 1970s when a lawyer from a firm in New York telephoned him with a proposal to incorporate a company in the British Virgin Islands to take advantage of a double taxation relief treaty with the United States.
Michael Riegels, QC was the inaugural chairman of the Financial Services Commission of the British Virgin Islands.