News
Pandora Papers: VI among financial services jurisdictions breached
ROAD TOWN, Tortola, VI- In what has been described as one of the biggest leaks of financial documents, the Pandora Papers has exposed the secret wealth and dealings of world leaders, politicians and billionaires.
Strong growth for VI Financial Services in first half of 2021
ROAD TOWN, Tortola, VI- The [British] Virgin Islands (VI) financial services sector has continued to see strong growth in the first half of 2021, with a 68% increase in company incorporations and almost a three-fold (269%) increase in the registration of limited partnerships (LPs).
VI deserves applause for being among best-regulated jurisdictions– Deputy Premier
DUFF'S BOTTOM, Tortola, VI- Deputy Premier and Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture Dr the Honourable Natalio D. Wheatley (R7) said, despite the constant critique of the sitting government for passing many pieces of legislation, he believes they should be praised for their hard work in keeping the territory’s laws up to date.
‘Lifeline Financial Programmes’ launched to boost local money management
ROAD TOWN, Tortola, VI – Local media personality Kenneth G. Gladstone, along with other investors, have launched Lifeline Financial Programmes, a subsidiary of Lifeline (BVI) Limited, a new company aimed at helping Virgin Islanders get their finances in check, especially during the current COVID-19 pandemic.
‘I don’t like the idea of being bullied’- Dr the Hon Wheatley
ROAD TOWN, Tortola, VI- According to Wikipedia, a partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organisations, schools, governments or combinations organisations may partner together to increase the likelihood of each achieving their mission and to amplify their reach.
Paid Article: Tribute to Dr Robert A. Mathavious
By Icis A. Malone, FICA
An expression of congratulations to a Financial Services Guru, Dr Robert A. Mathavious, OBE, on his achievement of OBE, presented by the United Kingdom Government for his distinguished service to the Government and people of the [British] Virgin Islands (VI). This award was more than deserving, and I applaud him for achieving it!
VI stalwart Dr Robert A. Mathavious awarded OBE
ROAD TOWN, Tortola, VI – Virgin Islander and stalwart son of the soil, Dr Robert A. Mathavious has been conferred with an Order of British Empire (OBE) from Her Majesty, Queen Elizabeth II, in recognition of his unwavering support and services to the [British] Virgin Islands.
VI financial services holding strong but it’s not all a glory story- Elise Donovan
ROAD TOWN, Tortola, VI- One of the Territory’s major revenue earners, the financial services industry has been resilient and robust during the ongoing coronavirus pandemic; however, Chief Executive Officer of BVI Finance, Ms Elise Donovan said the local industry must not get comfortable but continue to be vigilant and proactive.
'More poverty in VI now than ever' - Hon Fraser
ROAD TOWN, Tortola, VI – Hon Julian Fraser RA, the Third District Representative in the Virgin Islands (VI) House of Assembly, says the territory continues to settle for ‘second-best’ as a people with regards to local industries, and as such, getting short-changed in the offshore business sector.
Walywn sees opportunity with Economic Substance Requirement
ROAD TOWN, Tortola, VI - Chairman of the National Democratic Party (NDP) Honourable Myron V. Walwyn (AL), believes there are positive spin offs for the growth of the Territory of the Virgin Islands (VI) in the long term, to be had from the European Union (EU) mandated, ‘Economic Substance Requirement.’
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