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News

June 11th, 2020
Dr Robert A. Mathavious announces retirement from BVI FSC

ROAD TOWN, Tortola, VI- In a bombshell announcement on June 10, 2020, the Board of Commissioners of the BVI Financial Services Commission (BVI FSC) announced that its long-time Managing Director and Chief Executive Officer (CEO) Dr Robert A. Mathavious will be retiring in December 2020.

March 29th, 2019
VI upgrades emergency communications ahead of hurricane season

ROAD TOWN, Tortola, VI – The Virgin Islands (VI) government, in collaboration with the Recovery and Development Agency (RDA), is soon to acquire an improved VHF radio communications system, that provides for robust security and emergency communications that can be maintained during a disaster.

May 2nd, 2016
We must ensure VI doesn't harbour the ethically challenged - Dr Robert A. Mathavious

ROAD TOWN, Tortola, VI- Chairman and CEO of the BVI Financial Services Commission (BVIFSC) Dr Robert A. Mathavious said the territory must ensure it does not become a haven for the ethically challenged.

April 5th, 2016
Premier Smith 'out of touch' with reality' – Hon Julian Fraser RA

ROAD TOWN, Tortola, VI -  Reacting to the news of the Mossack Fonseca leak of information regarding the global financial services industry yesterday April 4, 2016, Leader of the Opposition Honourable Julian Fraser RA said Premier Dr The Honourable D. Orlando Smith seems to be out of touch with the reality of the situation.

January 18th, 2016
FSC warns of corporate entity claiming to be registered in VI

PASEA ESTATE, Tortola, VI – In a time when the territory is extra mindful of its main economic engine, the financial services sector, the Financial Services Commission (FSC) issued a warning about an entity calling itself St World Trade Inc., also operating under the name TradingBanks, purporting to offer a range of investment products out of the Virgin Islands.

December 9th, 2015
‘All must be responsive to save financial services industry’ - Dr Robert A. Mathavious

ROAD TOWN, Tortola, VI – Chief Executive Officer (CEO) of the BVI Financial Services Commission (FSC) Dr Robert A. Mathavious, speaking at a 'Meet the Regulator' forum on November 19, 2015, said if the territory is to continue to be a relevant player in the international financial services industry, all parties must be alert to the risks and be responsive.

October 8th, 2015
‘Prepare to learn new skills!’ – Dr Robert A. Mathavious

ROAD TOWN, Tortola, VI – Dr Robert A. Mathavious, Managing Director/CEO, BVI Financial Services Commission, believes industry practitioners and regulators must adopt and be prepared to learn new skills and to inculcate a culture in which training and improvement are the norm if they are to stave off and eventually reverse the constant beatings they receive in the international press.

June 15th, 2015
EXCLUSIVE: Dr Robert A. Mathavious dismisses retirement talk

ROAD TOWN, Tortola, VI - Managing Director/Chief Executive Officer of the BVI Financial Services Commission Dr Robert A. Mathavious has dismissed talk of his retiring this year.

June 11th, 2015
HLSCC to churn out 149 new graduates today

PARAQUITA BAY, Tortola, VI – The H. Lavity Stoutt Community College (HLSCC) is to churn out 149 graduates at their 22nd graduation ceremony today June 11, 2015 at which Managing Director/Chief Executive Officer of the BVI Financial Services Commission (FSC), Dr Robert A. Mathavious will present the keynote address.

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