Facing mounting pressure from the United Kingdom over financial transparency, the British Virgin Islands is accelerating its push to modernize its financial services sector — spotlighting FinTech, digital assets, and regulatory innovation as key elements of its national economic strategy. The territory’s efforts were on full display at the FinTech on the Seas conference, held … Continued
The Government of the Virgin Islands has announced the reappointment of Mr. Glenroy Forbes as Chairman of the Social Security Board and Mr. Wendell Gaskin as a Representative of Employed Persons. Both appointments are for a two-year term, with Mr. Forbes’ appointment taking effect from April 1, 2025 to March 31, 2027 while Mr. Gaskin’s … Continued
The issue of utilizing government funds to sponsor private entertainment events continues to be a cause for concern. At a recent government organized press conference, the Premier was asked to confirm the cash component of sponsorship to the BVI Music Festival which is being held this weekend at Cane Garden Bay, and YOLO Promotions from … Continued
Delegates to a Fintech on the Seas conference held in territory were told that for decades the Virgin Islands has been among the most secure, best regulated jurisdictions for international business. Speaking at the opening of the conference, Premier Dr. Natalio Wheatley said Fintech on the Seas is more than an event; it is statement … Continued
The Government of the Virgin Islands has introduced a revised Beneficial Ownership policy that limits access to company ownership records to parties who can demonstrate a legitimate interest. These parties typically include agencies or individuals involved in anti-money laundering, counter-terrorism, or national security investigations. Premier Dr. Natalio Wheatley first outlined the changes in his May … Continued
Premier the Honourable Dr. Natalio Wheatley recently underscored his Government’s dedication to strengthening the agriculture and fisheries sectors, identifying them as crucial pillars in the Virgin Islands’ food security and economic diversification strategy. He spoke during his year two territorial address titled “Building a Sustainable Nation”. He noted that significant progress has already been made … Continued
The territory of the Virgin Islands through the Ministry of Education is this week observing early childhood education week. Early Childhood Awareness Week 2025 is being observed under the theme: Step It Up: Early Learning | Lifelong Impact. The week was declared officially open and will feature daily spotlight videos on early childhood development centres … Continued
Premier the Honourable Dr Natalio Wheatley has reported significant strides in reshaping the educational landscape, emphasizing Science, Technology, Engineering, Arts, and Mathematics education and bolstering the territory’s infrastructure. During his recent address on progress over the first 2 years of his government’s current term he noted that these efforts are aimed at preparing the next … Continued
Premier and Minister of Finance Honourable Dr. Natalio D. Wheatley recently led a delegation to a strategic trade mission to Sint Maarten, to engage in high-level dialogue to advance mutual interests in maritime, trade, agriculture, tourism, health services, and financial services. The premier and his team met with Prime Minister Dr. Luc Mercelina, senior officials, … Continued
Recognizing the need to create an enabling environment that facilitates the development and growth of business, Government says it is creating a more supportive and business friendly environment that allows businesses to thrive. And according to Premier and Minister of Finance Dr. Natalio Wheatley over the past year, they have done exactly that. This was … Continued
