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Bilateral Meeting with EU Code of Conduct Group and TCI

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#TurksandCaicos, February 27, 2018 – Providenciales – The Hon. Premier – Mrs. Sharlene Cartwright Robinson convene a special meeting with the Code of Conduct Group on Monday 19th, February 2018 to have bilateral talks with the COCG who has responsibility for evaluating countries compliant standing.  The meeting was held as a result of standard communications received from the Secretariat of the COCG relating the EU Screening and Evaluation Process.

Member States of the European Union collectively agrees to published a list of non-cooperative jurisdictions for tax purposes. Any country failing to meet the standard for international cooperation defined by the Code of Conduct Group – Business Taxation is deemed to be non-complaint and is placed on the EU Blacklist of non-cooperative jurisdictions.

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Turks and Caicos Islands assessment for 2017 was deferred due to the storms of 2017 (Hurricanes Irma and Maria) but still require to have in place, and to commit by the end of 2018 to have implement the three (3) fundamental requirements of the EU compliant standard criteria.

  1. Tax transparency
  2. Fair Taxation
  3. Implementation of anti-BEPS measures

Criteria 1 and 3 have meet the standard and is in place via the various automatic reporting of financial accounts information carried out by CRS – Common Reporting Standard.  The absence of a direct taxation reporting regime gives the appearance of preferential treatment for companies to set up offshore structures or arrangements aimed at attracting profits which do not reflect real economic activity in the jurisdiction.

Despite sharing Turks and Caicos Islands taxation regime, the fair taxation criteria is the most critical concern to the COCG evaluation and screening exercise.  All jurisdictions with offshore financial services businesses are affected by this criteria, and have to present strategies of how their jurisdictions are proposing to addressed this concern.

Turks and Caicos Islands discussions with the Code of Conduct Group on the fair taxation criteria concern was very fruitful and promising with further dialogue to continue with a view to satisfying the COCG requirements.  This does not call for the imposition of direct taxation.

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Premier Robinson commenting on the Meeting stated “I was pleased for TCI to have been able to have an audience in this way with the COCG on this important issue.  I was even more pleased to be able to demonstrate to the representatives the important partnership between the public and private sector and our joint commitment to comply with international standards.  It was a great opportunity to enlighten the members of TCI’s position even ahead of our official response to the Questionnaire.  The Ministry of Finance along with several key stakeholder departments will continue to lead collaboratively and we are committed to ensuring that TCI is not blacklisted”.

Photo Caption: TCI Delegation: Hon. Premier – Mrs. Sharlene Cartwright – Robinson, P/S Finance – Mrs. Athenee Harvey   – Basden, Director EOI Unit – Mr. Henry Saunders, London Rep – Ms. Tracy Knight & TCI Private Sector Rep – Mr. David Stewart.

 

Hon Sharlene L Cartwright Robinson

Premier & Minister of Finance

The Turks and Caicos Islands

 

 

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Government

$94.1Mfor Health; Knowles Pushes to Keep Care at Home

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Turks and Caicos, April 25, 2026 – A major shift in how healthcare is delivered in the Turks and Caicos Islands is at the center of the Government’s latest budget, with a focus on reducing reliance on overseas treatment and strengthening services at home.

Presenting his contribution to the national debate, Kyle Knowles outlined a strategy aimed at building a more sustainable healthcare system—one that allows more residents to access quality care within the country.

The health sector has been allocated $94.1 million, making it one of the largest areas of public spending in the $550.8 million Budget passed on April 23.

Central to the Minister’s approach is a restructuring of the Treatment Abroad Programme (TAP), which has grown significantly in recent years as more patients are sent overseas for specialized care.

The Government now aims to reverse that trend.

“We are reforming healthcare to ensure long-term sustainability,” Knowles indicated, pointing to efforts to strengthen local services and reduce the need for travel.

The strategy includes improving healthcare infrastructure, expanding services available within the islands and increasing efficiency through the digitization of medical records.

Digitization is expected to support better coordination of care, reduce delays and allow for more accurate tracking of patient needs—part of a broader effort to modernize public services.

The Minister emphasized that the goal is not only cost control, but improved access.

“No family should have to leave home to get quality care,” he said, underscoring the Government’s intention to refocus healthcare delivery on local capacity.

The shift comes as rising healthcare costs continue to place pressure on public finances, with overseas treatment representing one of the most expensive components of the system.

By investing more heavily in domestic services, the Government is seeking to reduce that burden while improving outcomes for residents.

While the direction is clear, details on timelines and the pace of expansion for local services were not fully outlined in the presentation.

Still, the emphasis on sustainability, access and modernization signals a strategic pivot in how healthcare is expected to evolve in the Turks and Caicos Islands.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Government

Premier Defends Budget Strategy, Rejects Claims of Inefficiency

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Turks and Caicos, April 25, 2026 – Premier Charles Washington Misick has pushed back against criticism of the Government’s newly passed budget, defending both its direction and execution as deliberate and necessary for national development.

Wrapping up debate on the $550.8 million Budget, passed on April 23, the Premier dismissed concerns raised by the Opposition about inefficiency, rising costs and gaps in delivery, insisting the Government’s approach is measured and focused on long-term growth.

“This budget is about delivering for our people,” Misick said, as he reinforced the administration’s commitment to infrastructure, healthcare expansion and broader economic development.

Opposition Leader Edwin Astwood had earlier challenged the Government’s performance, pointing to unfilled posts, delayed projects and what he described as weak execution despite increasing allocations.

In response, the Premier rejected the notion that the Government is failing to deliver, instead arguing that building national capacity takes time and sustained investment.

He maintained that staffing challenges are being addressed and that improvements across ministries are ongoing, even as demand for public services grows.

The Premier also defended the scale of spending, framing it as a necessary step to support development across the islands, rather than unchecked expansion.

“We are investing in the future of this country,” he said, pointing to continued funding for infrastructure, community development and public services.

On the question of equitable growth, Misick reiterated his administration’s focus on balanced development, including ongoing investments in the Family Islands.

He argued that progress is being made, even if transformation is not occurring as rapidly as some would like.

Throughout his closing remarks, the Premier leaned on the country’s economic fundamentals—highlighting strong cash reserves, stable growth projections and international confidence in the Turks and Caicos Islands’ fiscal management.

While the rebuttal addressed criticism head-on, it did not significantly alter the structure of the budget or introduce major new measures in response to concerns raised during the debate.

Instead, the Government’s position remained consistent: the plan is in place, the investments are targeted, and delivery will continue.

The exchange underscores a clear divide—between an Opposition pressing for faster, more measurable results, and a Government maintaining that its strategy is already on course.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

PHOTO COURTESY OF THE OFFICE OF THE PREMIER

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Government

Digital Government Push Advances, but Reliability and Security Details Remain Unclear

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Turks and Caicos, April 25, 2026 – There was no mistaking the enthusiasm of the Minister of Finance, Investment and Trade, E. Jay Saunders, as he laid out his vision for a more digitally driven Turks and Caicos Islands—one where services are faster, systems are connected, and doing business is easier.

But within that forward-looking presentation, what remained notably absent were clear timelines and defined measures to ensure data security and system reliability.

“We are moving toward a fully integrated digital government,” Saunders told the House, as he outlined a future where public services are delivered seamlessly through technology.

With responsibility for the country’s economic and digital transformation, Saunders pointed to several areas expected to be reshaped by the rollout of e-government systems, including revenue collection, business licensing, customs processing and access to public services—all designed to reduce delays, improve compliance and streamline transactions.

The vision is one of convenience and efficiency: fewer lines, faster approvals, and systems that communicate across departments rather than operate in silos.

Within the framework of the Government’s $550.8 million Budget, passed on April 23, the digital push is positioned as a key driver of modernization and improved service delivery.

However, for many users, the experience of government systems today remains inconsistent.

Periodic outages, payment disruptions and service downtime continue to affect daily transactions, raising practical concerns about how quickly the country can transition to a fully digital model.

Despite the scale of the ambition, the Minister’s presentation did not directly address how system reliability will be strengthened or how data will be protected as more services move online.

Those elements—uptime, security and resilience—are critical to public confidence, particularly as businesses and residents become increasingly dependent on digital platforms to access government services.

The direction is clear, and the potential impact is significant.

But as the country moves closer to greater digital dependence, the success of that transformation will ultimately rest not just on what is promised—but on whether the systems can be relied upon when they are needed most.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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