#Providenciales, Turks and Caicos Islands –
October 19, 2020
— Negotiations to resolve the multi-million dollar claims of non-payment or
over-payment linked to Beaches Turks and Caicos could begin in 20 days, now
that a mediator proposed by the Turks and Caicos Islands Government has been accepted
by the resort.
“After four
years, the Government has finally agreed to a process of mediation to which we
are fully committed in an effort to bring this long outstanding matter to a
fair conclusion. TCIG proposed a list of mediators and we agreed to one of them.
The Mediator is available the week of November 8, 2020 and we have advised the
TCIG that we are ready, willing and able to proceed. We trust that the
TCIG will enjoin in the mediation process during this period in good faith as
committed,” explained Beaches Resort in a statement issued today.
In response to Magnetic Media questions about who is the mediator and what is the proposed
timeline for start and conclusion of the negotiations, the Premier said via
email that, “The matter with Beaches remains sensitive. Both TCIG and Beaches
are moving with urgency and until dates are finalised, TCIG is not in a
position to state a timeline outside of as soon as possible.
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I will ask Beaches and TCIG’s lawyers as to whether information
about the mediation process can be shared at this point.”
Sharlene Robinson, TCI Premier and Minister
of Finance, in a letter issued last week to media informed of the offer of a mediator.
“Obvious by its absence in Beaches’ press release is reference to the ongoing urgent discussions and actions between the parties’ respective lawyers to appoint a qualified mediator to facilitate a resolution. TCIG has since May this year agreed to a mediator and it is hoped that such a mediation will take place next month.”
Beaches Resort over the weekend confirmed to
Magnetic Media that it was true; they were in receipt of a list of candidates.
The fact had not made it to any of their public statements on the litigation.
The Premier rejected the characterisation of ‘incompetence’ by Beaches Resort and in a TCI Sun newspaper article, was resolute that government has not ignored the law suit for years.
“The line being peddled by Beaches that a lawsuit remains unresolved after 4 years is demonstrably untrue. As I have previously made clear, Beaches first issued proceedings in May 2019. We continue to await their amended claim, promised by their attorney in August 2020. They have also brought proceedings seeking to challenge an assessment made in February 2020. It does not follow that, because Beaches repeatedly assert that they don’t owe taxes, that that is legally the case,” she said.
Beaches Resort Turks and Caicos has added thousands of features to brace for a post Covid reopening. Photo by Magnetic Media
Magnetic Media has learned the individual, a
male, is a Queen’s Counsel (QC) attorney with experience in negotiating tax disputes.
The background and adeptness of the QC is
critical as there is so much riding on the process, not least of which is the
impending re-opening of the resort on November 18.
Beaches’ Board of Directors is adamant that
it will not re-open the property which employs 2,000 people and which attracts
the lion’s share of long stay visitors to the country, until the matter is addressed.
“We echo the
sentiments of TCIG that the Turks and Caicos Islands is also beautiful with
remarkable people and we look forward to re-opening our doors in due course
once approved by the Board of Directors. The statement also explained, “Beaches
TCI wishes to make it clear that it has made no unreasonable demands
whatsoever. Beaches is not asking TCIG for any favours or special treatment and
any suggestion to the contrary, is simply a PR spin on the facts.”
Beaches Resort Turks and Caicos claims its
Development Agreement was breached and they had been overpaying taxes.
“Beaches simply
wants the Government to honour the terms of its Development Agreement(s) and
other legally binding commitments, nothing more, nothing less. Breaches of
these Agreement(s) by TCIG is the reason Beaches was compelled to file its
lawsuit in May 2019.”
TCIG claims Beaches Resort is severely in arrears to the tune of a reported $20 million dollars.
Beaches TC, five days before opening its mega resort property on Grace Bay Beach in Providenciales, announced it would postpone reopening amidst the coronavirus pandemic from October 14 to November 18; it was a devastating announcement.
The result is a volley of spicy statements which had not nudged the needle until now.
The mediator has indicated he can begin the
negotiation process on November 8.
The ball is now in TCIG’s
court.
Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.
Firm Also Secures 8 Individual Rankings and Strengthens Its Regional Leadership
[Providenciales, Turks & Caicos Islands – Stanbrook Prudhoe, a leading Caribbean law firm, is 1 of 2 firm’s ranked in Tier 1 for cross-Caribbean work and is described as having “built a strong reputation across the Caribbean for handling complex matters, multi-jurisdictional work spanning both transactional and disputes”. Sophie Stanbrook, Tim Prudhoe, Khamaal Collymore and Nadia Chiesa attract plaudits in this category.
Specific to Guyana, Sophie Stanbrook, Tim Prudhoe and Anna-Kay Brown are listed.
In addition, Stanbrook Prudhoe is again given Tier 1 status in the TCI firm rankings. Lawyers Sophie Stanbrook, Tim Prudhoe, Sam Kelly and Nadia Chiesa achieved individual rankings and Laura Miller named as a key lawyer for the firm’s Cross-Caribbean work.
Since its launch in 2022, Stanbrook Prudhoe has established itself as a formidable presence in the Caribbean legal sphere, specialising in Corporate and Fiduciary, Disputes, and Restructuring & Insolvency. This strong reputation is reflected in this latest round of Legal 500 rankings.
The firm’s co-founders, Sophie Stanbrook and Tim Prudhoe, are ranked as ‘Leading Partners’, Tim being 1 of 2 lawyers also listed as such across and the Caribbean as a whole.
The firm has offices in the Cayman Islands, Guyana and the Turks and Caicos Islands. With a growing presence in the federation of St Kitts and Nevis.
Commenting on the recognition, StanbrookPrudhoe co-founder Sophie Stanbrook said, “In just three years, we’ve gone from a bold idea to a Tier 1-ranked firm leading the Caribbean legal market. This recognition proves that ambition, talent, and teamwork can redefine what’s possible in our region, and we’re only just getting started. We look forward to building on this momentum and continuing to drive the standards for legal excellence across the Caribbean.”
The Legal 500 is one of the UK’s most respected legal directories, benchmarking law firms through rigorous independent research and ranking both lawyers and their areas of expertise. For nearly 40 years, it has provided a trusted assessment of law firm capabilities worldwide, evaluating more than 150 jurisdictions through comprehensive research, client feedback, and interviews with leading practitioners.
Turks and Caicos, December 4, 2025 – The Turks and Caicos Islands this week became the centre of regional security cooperation as senior defence leaders from across the British Overseas Territories gathered in Providenciales for the 4th Annual Overseas Territories Commanding Officers Conference — a three-day summit focused on strengthening capability, maritime readiness, and inter-territorial partnerships.
Acting Governor Anya Williams and Premier Charles Washington Misick, OBE, on December 1, welcomed Lord Lancaster, a key figure in the establishment of the TCI Regiment and the current Honorary Colonel of the Cayman Islands Regiment, for a courtesy call and high-level briefing session. Lord Lancaster joined Permanent Secretary for National Security Tito Lightbourne, TCI Regiment Commanding Officer Colonel Ennis Grant, and Commanding Officers from Bermuda, Cayman, Montserrat, the Falkland Islands, and UK defence representatives.
The visit, along with the wider conference agenda, signals a meaningful step forward for the rapidly evolving TCI Regiment, which has grown into a crucial national asset for disaster response, coastal security, joint operations, and resilience planning. Lord Lancaster’s presence carries additional significance: he was instrumental in shaping the Regiment’s formation in 2020 and remains a vocal advocate for expanding the capabilities of small-territory defence units within the UK network.
At the conference’s opening ceremony, Acting Governor Williams emphasised the importance of “collaboration and strategic leadership across the Overseas Territories,” noting that shared challenges — from climate shocks to transnational crime — demand a unified approach. The Permanent Secretary echoed this, highlighting increased maritime coordination and training pathways as areas where the TCI is seeking deeper integration with its regional counterparts.
Throughout the week, Commanding Officers participated in strategic discussions, intelligence and security briefings, resilience planning sessions, and on-site engagements showcasing the TCI’s developing operational infrastructure. The agenda also focused on improving interoperability — ensuring that Overseas Territories regiments can operate seamlessly together during disaster deployments, search and rescue missions, and joint maritime operations.
For the TCI Regiment, hosting the conference marks a milestone: it positions the young force as an active contributor in shaping the region’s security future rather than merely a participant. Leaders left no doubt that the momentum is intentional — and that the Turks and Caicos Islands are strengthening their role within a broader, coordinated defence framework designed to safeguard shared interests.
Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.
Turks and Caicos, December 4, 2025 – For the first time in his long political career, former Premier Michael Misick appeared on Drexwell Seymour’s “Financially Speaking” radio programme this week — and he used the platform to forcefully reject the Government’s new 60/40 business-ownership model, arguing that Turks and Caicos Islanders are once again being positioned to lose ground in their own country.
The interview came at a pivotal moment: the Washington Misick Administration has just issued a detailed press statement confirming that the controversial 100% Islander-only ownership requirement — praised by some as overdue protectionism and criticised by others as unconstitutional and discriminatory — was never Cabinet’s intended position. A “drafting error,” the Government now says, caused the blanket 100% clause to appear in the Business Licensing (Amendment) Bill, prompting a pause in Parliament and a full review.
This week, Cabinet reaffirmed its balanced 60/40 framework, arguing that meaningful majority control for Turks and Caicos Islanders must coexist with access to external capital, expertise, and investment partnerships. The Government cited international models, financing constraints for local entrepreneurs, and the need to avoid “harsh outcomes” that could unintentionally weaken local businesses or violate constitutional safeguards. It further pledged strengthened anti-fronting mechanisms, tighter oversight, and mandatory protections for local shareholders.
But Michael Misick isn’t convinced.
During the wide-ranging RTC interview, the former Premier dismissed the 60/40 model as inadequate and accused successive governments of diluting the rights and economic standing of heritage Turks and Caicos Islanders. He argued that fronting has flourished under the existing 51% rule, and that only full, uncompromised Islander ownership in certain industries can prevent locals from being reduced to symbolic partners with no real power. Misick described the Business Licensing Board’s disappearance, the rise of unchecked approvals, and the growing dominance of expatriate capital as evidence that the country is “losing itself, bit by bit, every sunrise.”
Seymour, a CPA and economic commentator, echoed concerns about fronting and asked whether the territory’s leaders were “afraid” to implement robust protections. Misick went further, accusing modern politicians of lacking political courage and failing to defend the long-term interests of heritage Turks and Caicos Islanders.
“Every time legislation comes to empower our people, there is resistance,” Misick said. “When it’s something that penalises our people, no one objects.”
The Government’s clarification attempts to neutralize that narrative, insisting Cabinet did not “retreat” under pressure but merely corrected an error to restore policy integrity. Still, the timing — after months of public debate, stakeholder pushback, and ongoing reference to the Grant Thornton economic impact report — has only deepened suspicion among critics who say the Administration is wavering.
What is clear is this:
The Business Licensing reform has cracked open the deepest unresolved question in the Turks and Caicos Islands — how to protect a small population from economic displacement while maintaining an investment climate that supports national development.
With Parliament scheduled to revisit the Bill this month, the clash between political philosophy and economic pragmatism is now on full display. And as Misick made clear on RTC, this debate will define not just policy, but identity.
Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.