BVI Finance launched a fact-based content series to showcase the full picture of the BVI’s Financial Services industry called, BVI360. BVI Finance CEO Elise Donovan stated that the purpose of the series comes at an appropriate time, given the ongoing conflict and increasing inflation across the world, where many leading economists are predicting a global … Continued
As the Virgin Islands’ economy bounces back from the pandemic recession over the past two years, the rise in the costs of goods and services has hit small- and medium-sized businesses severely as they continue to work hard to return to their normal operations. Interruptions in global logistics and supply chains have significantly impacted consumer … Continued
The Virgin Islands is said to be taking all requisite steps to ensure that it adheres to its international obligations as an Overseas Territory of the United Kingdom. The Territory is also complying with all sanctions issued by the United Kingdom that are extended to it by way of the relevant Overseas Territories Sanctions Orders … Continued
The British Virgin Islands Financial Services Commission (“the Commission”) announces the appointment of Mr. Shane Baptiste as the Commission’s new Asia Representative at BVI FSC (HK) Ltd., with effect from 01 July 2022. Mr. Baptiste replaces Mr. Burton Chalwell, who returns to the Commission after his tenure ends on 30 June 2022. As Asia Representative, … Continued
Republic Bank (BVI) Limited (RBVG) is advising its customers that its conversion from the Banking Systems of Bank of Nova Scotia (BNS) to Republic Financial Holdings Limited’s (RFHL) suite of technology platforms is set to take place on April 4, 2022. To facilitate this conversion, the Bank’s operations will experience some temporary changes, including the … Continued
In a recent Facebook post former Education Minister and businessman Myron Walwyn publically questioned as to when the BVI will relax travel entry requirements. Walwyn said, “The effects of the current conflict in Russia and the Ukraine on our tourism sector must be closely examined. We recently saw some light at the end of the … Continued
In another Facebook post, vocal 7th District Community Youth leader Kevon S Lettsome weighed in on the recent announcement by the Government of the Virgin Islands to create a task Force to target the price gouging which the territory is already experiencing. Amidst the increase of prices in fuel and goods both globally and locally, … Continued
On Friday March 11th, 2022 owners of OneMart Superstore opened a new store in Baughers Bay in the 6th District, bringing convenient shopping to the very large community. Present at the opening was Hon. Premier Andrew Fahie, Hon. Alvera Maduro-Cains, Hon. Shereen Flax-Charles along with other legislators, 1st Caribbean Bank officials and a number of … Continued
In a recent email sent to some 731 staff members of the BVIHSA last evening February 28th at 9:41pm. The CEO of one of the largest organizations in the BVI, Mrs. Angeline John notified the staff of yet another salary deadline due to missed deadlines, a situation that has happened repeatedly within the organization. … Continued
In relation to the public hearing to be held on March 1st, 2022, for the proposed adoption of amendments to the Unitary Licences as contained in the Notice to Adopt a Directive on the Amendment of Unitary Licences issued by the Commission on 30 December 2021. The Commission hereby informs the Unitary Licensees and those … Continued
