Members
Parliament
Transparency
Lovitta Foggo, JP, MP

Lovitta Foggo, JP, MP

7497
Speeches
1,092,025
Words Spoken
187
Sittings Active
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
22 words
Deputy Speaker
So, do you have . . . you have a . . . you want to give me a point of clarification—
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
6 words
Deputy Speaker
—on something that you previously stated?
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
8 words
Deputy Speaker
Okay, to what? [Crosstalk ] POINT OF CLARIFICATION
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
5 words
Deputy Speaker
Okay, so that is —
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
4 words
Deputy Speaker
—that is your —
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
24 words
Deputy Speaker
That is your clarification. So, is that a supplemental question? Okay. Can you repeat the question that you just made at the end? SUPPLEMENTARY
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
2 words
Deputy Speaker
All right.
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
1 words
Deputy Speaker
Mm-hmm.
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
18 words
Deputy Speaker
Okay. Premier. Hon. E. David Burt: I refer the Honourable Member to the answer I gave moments ago.
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
140 words
Deputy Speaker
Okay. Thank you Premier. I have . . . the Opposition Leader also has questions for you. QUESTION 1: BENEFICIAL OWNERSHIP BILL 2025 , TABLING OF Hon. Jarion Richardson: Yes, thank you, Madam Deputy Speaker . Good morning to you. Good morning to my colleagues and the listening audience. Good morning. Madam Deputy Speaker, these regulations and policies do have …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
172 words
Deputy Speaker
Premier. Hon. E. David Burt: Madam Deputy Speaker , this is a matter that has been discussed in this H ouse, discussed multiple times during budget sessions, subject Bermuda House of Assembly of ongoing consultation. The Honourable Member knows quite well there was a goal to remove double vetting , to centrali se the register into one place. They are …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
85 words
Deputy Speaker
Thank you, Premier. Do you have a supplemental? SUPPLEMENTARIES Hon. Jarion Richardson: Yes, thank you. Thank you. Given that the definition of beneficial ownership will be broadened, and as it stands in Bermuda right now we have two specific regulations dealing with beneficial ownership and a third practice under our foreign exchange control regulations So, effectively in Bermuda there are …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
118 words
Deputy Speaker
Okay. Premier. Hon. E. David Burt: Madam Deputy Speaker , as the Minister ial Statement that I gave, we will be central ising beneficial ownership matters into one Act. And in regard to the definition of beneficial ownership, we are required to adhere to international standards , and they are being done in accordance with FATF ( that is , …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
73 words
Deputy Speaker
Thank you, Premier. Second supplemental ? Hon. Jarion Richardson: Yes, [I] thank the Honourable Premier for the answer. Right now, a number of our companies, especially banks , corporate service providers , have difficulty navigating the complexity of the different definitions. And so , what are we going to do or what mecha nisms will the Registrar of Companies use …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
27 words
Deputy Speaker
Premier. Hon. E. David Burt: Madam Deputy Speaker , there will be one definition inside of the B eneficial Ownership Bill, which will be tabled later today.
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
91 words
Deputy Speaker
Thank you Premier. You have a second question? QUESTION 2: BENEFICIAL OWNERSHIP BILL 2025 , TABLING OF Hon. Jarion Richardson: I do, thank you, Madam Deputy Speaker . Given that the R egistrar will be issuing guidance as it relates to the definitions of beneficial owner-ship that will have to be widely interpreted in industry right now ( currently the …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
31 words
Deputy Speaker
Premier. Hon. E. David Burt: Madam Deputy Speaker , there will be a full debate on this particular Bill and all those particular matters will be spelled out at that time.
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
94 words
Deputy Speaker
Okay. SUPPLEMENTARY Hon. Jarion Richardson: Yes, thank you. I have a supplemental to that point. I thank the Honourable Premier for committing to making sure it comes before the House, including the guidance notes. But what appeal or redress mechanisms will be available to beneficial owners and companies that dispute the Registrar’s determinations, r elating to what they have to …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
99 words
Deputy Speaker
I just want to remind Members that we can not engage in something that may impact on a debate that is going to be had in the H ouse. Just so that you know, that is why you are getting the response you’re getting. Do you have a third question? QUESTION 3: BENEFICIAL OWNERSHIP BILL 2025 , TABLING OF 1280 …
18 Jul 2025 House of Assembly
Official Hansard Report - House of Assembly
139 words
Deputy Speaker
Premier. Hon. E. David Burt: [Madam Deputy Speaker], I am not entirely certain what's wrong with the Opposition to-day. They seem to be anticipating something very much. The Statement is rather self -explanatory . We are tabling the Beneficial Ownership Bill. We are indicating that this particular B ill is still subject to public consultation. That public consultation will be …