NEW LEGISLATION GRANTS COMPLIANCE FLEXIBILITY FOR BVI BUSINESSES AMID TRANSPARENCY PUSH

The Government of the Virgin Islands has passed a legislative amendment granting the Financial Services Commission (FSC) authority to extend the deadline for companies to submit their annual financial returns by up to nine months. The amendment, the BVI Business Companies (Amendment) (No. 2) Bill, 2024, was approved on Tuesday, October 29, in response to reports … Continued

REGIONAL: FOUR UPM GOVERNMENT MEMBERS RESIGN

Deputy Premier André Ebanks, Ministers Ebanks-Wilks and Turner, and Parliamentary Secretary Heather Bodden resigned from the Government effective immediately. Grand Cayman 31 Oct, 2024 – Deputy Premier André Ebanks, Ministers Turner and Ebanks[1]Wilks along with Parliamentary Secretary Heather Bodden announced today they had resigned from the UPM Government effective immediately. Former Deputy Premier and MP … Continued

SMITH DENIES INVOLVEMENT IN ALLEGED POWER PLAY

Territorial At Large Representative Hon. Lorna Smith has firmly denied allegations that she was involved in a rumoured power play intended to topple Premier Dr. the Hon. Natalio Wheatley’s administration. Addressing the claims at a press conference on Wednesday, Smith clarified her stance, stating she remained committed to her role as Deputy Premier and Minister … Continued

SMITH DISPUTES PREMIER’S CLAIM – SAYS HER FIRING CAUSED INSTABILITY

Territorial At Large Representative Hon. Lorna Smith has pushed back against Premier Dr. the Hon. Natalio Wheatley’s claim that keeping her as Deputy Premier and minister would have caused instability within his administration. Speaking at an impromptu press conference on Wednesday, October 23, Smith expressed her shock over the premier’s rationale for her sudden dismissal, … Continued

MINOR CABINET RESHUFFLE AS CABINET WELCOMES DEPUTY PREMIER FRASER

Following Honourable Julian Fraser’s political realignment, the Virgin Islands Government has undergone a minor cabinet reshuffle, shifting the responsibilities of several key ministries and departments. Fraser’s entry into Premier Natalio Wheatley’s administration has resulted in a number of adjustments. Fraser has been appointed as the new Deputy Premier and will oversee a revamped Ministry portfolio, … Continued

LORNA SMITH RESPONDS AFTER REMOVAL AS DEPUTY PREMIER; CITES “LACK OF SUPPORT” CLAIM AS UNTRUE

In a statement to the public during a press conference on Wednesday, October 23, Hon. Lorna Smith addressed her unexpected removal from her roles as Deputy Premier and Minister for Financial Services, Labour, and Trade. Premier Dr. the Hon. Natalio Wheatley had dismissed Smith just hours earlier, citing his loss of confidence in her supporting … Continued

PREMIER WHEATLEY WELCOMES FRASER AS DEPUTY PREMIER; EXPLAINS FIRING OF SMITH

Honourable Julian Fraser, the Member for the Third Electoral District and Chairman of the Progressive United Party (PU), has realigned politically, rejoining the Virgin Islands Party (VIP) Government after years of separation from that party.  Fraser’s move to the Government benches comes with a key appointment—he has been named Deputy Premier, a title previously held … Continued

FRASER JOINS GOVERNMENT; DEPUTY PREMIER SMITH REMOVED OVER LOYALTY CONCERNS

UPDATE: Premier Dr Natalio Wheatley delivered a special address to the public on Wednesday Morning confirming that Representative for the Third District Julian Fraser has crossed the floor to join the Government. In addition, Fraser has been appointed Deputy Premier and has been given a ministerial portfolio consisting of areas previously held by the Premier … Continued