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News

January 25th, 2024
Adam Goldberg 'falsely purporting to be licensed'- BVIFSC

PASEA ESTATE, Tortola, VI – The British Virgin Islands Financial Services Commission (BVIFSC) is alerting the public that Adam Goldberg has never been licensed or regulated as a person or entity by the FSC to carry on any type of financial services business.

September 30th, 2023
‘Glamour FX Trade Ltd’ falsely purporting to have license in VI- FSC

PASEA ESTATE, Tortola, VI - The BVI’s Financial Services Commission (FSC) in a September 22, 2023, public statement said that in order to protect the customers, creditors, or persons who may have been solicited to conduct business by GLAMOURFXTRADE, or Glamour FX Trade Ltd., as well as to bring awareness to the public; has noted that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business in the Virgin Islands.

September 30th, 2023
FSC reverses media censorship policy for upcoming forum

PASEA ESTATE, Tortola, VI – Following criticisms over media censorship as reported by Virgin Islands News Online (VINO), the BVI Financial Services Commission (FSC) has announced a reversal of its media censorship policy for the Meet the Regulator Forum slated for October 3, 2023.

September 28th, 2023
FSC censoring media @ Meet the Regulator (MTR) Forum

PASEA ESTATE, Tortola, VI- The BVI Financial Services Commission (FSC) has announced the return of Meet the Regulator Forum under the theme ‘Embracing Change, Fuelling Progress’.

September 27th, 2023
Public warned of entity ‘falsely’ claiming to be licensed by FSC

PASEA ESTATE, Tortola, VI- The British Virgin Islands Financial Services Commission (FSC) has said it considers it necessary to warn the public that an entity under the name GAEA Investment is falsely purporting to be authorised and licensed by the Commission for the purpose of providing clients access to liquidity in currencies, commodities, and stock markets and trading in oil, precious metals, stock indices, blue chips, and cryptocurrency pairs.

February 7th, 2023
Customers still complain about banks, especially non-working ATMs

ROAD TOWN, Tortola, VI- Immediately after the Covid-19 pandemic (2020/2021), many residents complained to our newsroom about the treatment by banks, with long lines of residents standing outside in the rain and scorching sun for hours.

May 14th, 2022
VI freezes estimated US $400M in assets linked to Russia

PASEA ESTATE, Tortola, VI - The [British] Virgin Islands has begun taking all requisite steps to ensure that it adheres to its international obligations as an Overseas Territory of the United Kingdom relating to sanctions against Russia.

November 21st, 2021
Dr Mathavious always strived to be 'top of his game' - Mrs Kharid T. Fraser

SCRUB ISLAND, VI – Dr Robert A. Mathavious, regarded as the father of VI’s financial services sector has been hailed as a man who always strived to be at the top of his game and “Being the best” according to Mrs Kharid T. Fraser, the Deputy Chair of the FSC Board of Commissioners.

November 18th, 2021
FSC now in hands of ‘younger, well prepared & talented team’- Dr Mathavious

WICKHAM'S CAY II, Tortola, VI – Retried former Managing Director and Chief Executive Officer (CEO) of BVI Financial Services Commission (FSC) Dr Robert A. Mathavious says as he comes to the end of the road of his decades' long financial career, he does so with the knowledge that the sector is in capable local hands.

November 6th, 2021
Some VI banks are treating customers ‘horrible’ - Skelton-Cline

BAUGHER'S BAY, Tortola, VI – Radio Talk show Host Claude O. Skelton-Cline has called on the banking sector in the VI to improve their customer service, which he says is resulting in ordinary citizens suffering as a result of the poor service from these institutions.

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