Finance and Business
Governor should allow our systems to 1st be exhausted- Skelton-Cline
BAUGHERS BAY, Tortola, VI- Although criticised for showing zero faith in local systems and procedures by stating he was asking the governor to investigate matters relating to the closure of the Bank of Asia (BVI) Ltd and government’s investment in it, the controversial Opposition Leader Hon Myron V. Walwyn (R6) has; nevertheless, reportedly gone ahead and officially written his request to Governor Daniel Pruce.
USVI: Governor Bryan abandons legal fight over salary repeal
VI CONSORTIUM
FRDERIKSTED, St Croix, USVI- The Governor of the US Virgin Islands, Albert A. Bryan Jr, has confirmed he will not pursue legal action against the 36th Legislature’s efforts to roll back his salary increase.
'Investment in our people is critical'- Hon Lorna G. Smith OBE
NECKER ISLAND, VI- "The BVI has developed into a financial hub that offers tested, responsive regulatory frameworks, access to financial infrastructure, and experienced service providers with the technical depth and sector fluency fintech demands."
BVI Restaurant Week kicks off today
ROAD TOWN, Tortola, VI- The return of BVI Restaurant Week 2025 begins today, Saturday, June 28, 2025, as BVI Food Fete 2025 continues with its calendar of events.
Skelton-Cline hopeful investors would resurrect Bank of Asia (BVI) Ltd
BAUGHERS BAY, Tortola, VI- “The country at the end of the day cannot allow for the failure of any banks….That’s just the nature and the sensitivity surrounding the jurisdiction, the major of our two pillars, so we simply can’t afford that,” Commentator and clergyman Claude O. Skelton-Cline said, as he expressed hope that the Bank of Asia (BVI) Limited can actually be saved.
High praise for Hon Lorna G. Smith from Premier Wheatley @Fintech on the Seas
NECKER ISLANDS, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) applauded the work of Hon Lorna G. Smith, OBE (AL) during the opening ceremony of Fintech on the Seas: the BVI’s Digital Assets Summit.
'Groundbreaking' 3-day Digital Assets Summit begins today
NECKER ISLAND, VI- BVI Finance will host Fintech on the Seas: the BVI’s Digital Assets Summit, beginning today, Wednesday, June 25, 2025.
2 years normal timeline for FATF grey list removal- Hon Lorna G. Smith
ROAD TOWN, Tortola, VI- Junior Minister for Financial Services, Trade and Economic Development, Hon Lorna G. Smith (AL), has said the targeted two-year timeline to be removed from the Financial Action Task Force’s (FATF) grey list is normal.
Hon Walwyn’s Bank of Asia claims ‘completely false’- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has called out Opposition Leader Hon Myron V. Walwyn (R6) for publicly making false statements regarding the deposit of five million dollars in the now defunct Bank of Asia (BVI) Limited.
VI will remain engaged with DR for mutual economic benefits- Premier Wheatley
CARTAGENA, Colombia - The Virgin Islands (VI) and the Dominican Republic (DR) have reaffirmed the economic importance of the Greater Caribbean as the region seeks to boost its economic dynamism and resilience.
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