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News

July 16th, 2020
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.

February 25th, 2020
'Coronovirus is going to have a massive impact' on VI- Elise Donovan

BAUGHERS BAY, Tortola, VI - Noting that the Virgin Islands (VI) would have to ride out the current storm surrounding China's Novel Coronavirus (COVID-19) outbreak, CEO of BVI Finance Mrs Elise Donovan says the virus is projected to have dire implications on the VI's financial services sector and economy.

February 23rd, 2020
VI can already identify beneficial owners of companies- Elise Donovan

BAUGHERS BAY, Tortola, VI – Chief Executive Officer of BVI Finance, Mrs Elise Donovan says due to strict local policies regarding registration of companies, the Territory can already identify beneficial owners of companies registered in the Virgin Islands; however, it has taken the position to implement public registries only until it becomes a global standard.

June 1st, 2019
VI records strongest Inc. numbers in 3 years - BVI Finance

ROAD TOWN, TORTOLA, VI - BVI Finance is reporting that the size and scale of deals facilitated by the British Virgin Islands’ international business and the financial centre has increased both in value and quality as the BVI reports its strongest incorporation numbers in three years.

May 2nd, 2019
BVI Finance hosts private sector sessions on Economic Substance Code

ROAD TOWN, Tortola, VI – BVI Finance is hosting education sessions for the private sector in Hong Kong and London, as well as in the Virgin Islands (VI), following the publication of the draft Economic Substance Code by the International Tax Authority (ITA).

March 13th, 2019
VI evades EU blacklisting; Premier credits NDP Gov’t

ROAD TOWN, Tortola, VI - After months of uncertainty over whether the Virgin Islands (VI) would be tax blacklisted for not meeting European Union (EU) requirements regarding fair taxation, the top European body announced that it recognises the VI as compliant with its fair taxation principles as well as being a cooperative jurisdiction.

February 15th, 2019
Finally, Lorna G. Smith is Out! Steps down from BVI Finance

ROAD TOWN, Tortola, VI - After some three years plus and many promises to retire, Mrs Lorna G. Smith OBE, has now stepped down as Executive Director of the BVI Finance.

November 30th, 2018
JMC 2018 Meetings: Premier to lead VI delegation in London

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith (AL), will lead a delegation to the 2018 Joint Ministerial Council (JMC) meetings being held in London from December 4th through 5th, 2018.

November 6th, 2018
Elise Donovan faced UK Committee on VI’s sustainable future

LONDON, United Kingdom: Virgin Islander Ms Elise Donovan has presented before the UK Foreign Affairs Committee on behalf of the Virgin Islands (VI) on the topic of building a sustainable future for British overseas territories.

July 9th, 2018
Elise Donovan is the new interim Director BVI London Office

ROAD TOWN, Tortola, - Ms Elise Donovan has been announced as the incoming interim Director of the British Virgin Islands (BVI) London Office.

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