The British Virgin Islands prepares to celebrate this year’s Financial Services Week under the theme, Globalisation: BVI Beyond from November 12 to 19. The flagship week of events commemorates the BVI’s revolutionary role in the financial services industry and the advancements that it has contributed towards the economic development of the territory. BVI Finance CEO, … Continued
A couple of weeks ago, the Family Support Network (FSN) put out an S.O.S. on social media calling attention to the dire straits of its pantry. CIBC FirstCaribbean responded on November 1 with a donation of just over $2,900 to cover all the items on the not-for-profit’s list of needs. Mr. Amory Jervis, Country Manager … Continued
Walkers Barrister Akeem Robinson Called to BVI Bar Walkers is delighted to announce that the BVI Bar Association has welcomed a new local Barrister to its ranks, Akeem Robinson. Akeem was called to the Bar of the Eastern Caribbean Supreme Court by the Honourable Acting Justice Jean M. Dyer at a hearing held at Sakal … Continued
Full statement by Myron V Walwyn on his arrest. Earlier today I was arrested and charged for Breach of Trust by a public official in relation to the Elmore Stoutt High School Wall Project. While I have privately and publicly professed my commitment to good governance, I have also reinforced this fact with my willingness … Continued
On Saturday evening, among the Territory’s leading business executives, members of Government, and visiting regional guests, CCT’s Chief Executive Officer, Averad Penn, was awarded the BVI Investment Club’s (BVIIC) Corporate Leadership Award. The award was given during the BVIIC’s 30th Anniversary Black Tie Dinner. The award acknowledges and celebrates exemplary leadership that has a significant … Continued
CIBC FirstCaribbean has announced four new one-off scholarships for female finance students in honour of retiring Chief Executive Officer (CEO) Colette Delaney, the first woman to head the regional bank. In making the announcement recently, incoming CEO Mark St. Hill hailed his predecessor as a “champion for women, girls and diversity and inclusion at our … Continued
The issue of long lines at various banks in the territory has reached the Premier’s Office and he has expressed his intent to address the growing issue with the local Banking Association. Premier Dr. the Honourable Natalio Wheatley made the disclosure at a recent press conference in response to a query posed by the media. … Continued
The British Virgin Islands (BVI) International Tax Authority (ITA) Director met with the financial services industry to discuss new legislative updates and compliance with international standards for tax purposes. ITA Director LaToya James spoke at the BVI Finance Breakfast Forum on 21 July where she explained the ITA’s role and provided context on the recent … Continued
The British Virgin Islands Financial Services Commission (the “Commission”) is advising all industry practitioners that its new Authorisation and Supervision Division becomes fully operational effective Friday, 01 July 2022. The new structure transitions the Commission’s supervisory framework from product[1]based supervision to risk-based functional management, allowing the Commission to enhance oversight of regulated businesses and individuals … Continued
The British Virgin Islands Financial Services Commission (the “Commission”) has confirmed the appointment of Mr. Glenford Malone as Deputy Managing Director, Regulation with effect from 01 January 2022. The Deputy Managing Director, Regulation is the Commission’s chief regulatory officer responsible for implementing the Commission’s overall regulatory strategy. Mr. Malone has over twenty years of experience … Continued
