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FSC launches Money Matters BVI website

Managing Director of FSC Robert Mathavious (left) said the website was part of the FSC's mandate to sensitize the public on financial issues. Also in picture is Corporate Communications Coordinator Carlene E. Herbert.
Elise Donovan, Coordinator of the FSC's Financial Literacy Survey report and the website, gave a tour of the newly launched website.
Elise Donovan, Coordinator of the FSC's Financial Literacy Survey report and the website, gave a tour of the newly launched website.
ROAD TOWN, Tortola, VI- Packed with a wealth of information on financial issues relevant to the Virgin Islands, the Money Matters BVI website was officially launched yesterday December 6, 2011.

The website, www.moneymattersbvi.com, is a product of the Financial Services Commission (FSC) and was seen as part of the FSC’s mandate to sensitize the public on the issues of financial services and general finance.

The wide range of topics include insurance, starting a business or company and the advantages of incorporating, relationships and money, buying and selling land in the Virgin Islands, saving, approaching the bank, managing debt, investing and retirement planning.

According to Managing Director of FSC Robert Mathavious, the website presents financial issues that are relevant to the average person. He also said the FSC has not chosen to focus on the work of the Commission but intends to as the FSC also needs to be “de-mystified”.

“And so there is going to be lots of work with all the members of staff in making sure that we are able to dispel the mysticism among financial services and make it presented in a way that it becomes much more accessible and usable for the average person.”

Mr. Mathavious also said it was his hope that the website becomes one of the most popular websites in the Virgin Islands and noted that the website also serves to dispel the misconception about the priorities of the FSC. “We have a statutory mandate to sensitize the BVI public on the issues of financial services and finance in general. People often feel that the Financial Services Commission is only concerned with international finance...This gives a chance to see how important, how relevant what we are doing to the BVI community. That would be de-mystified so that they could be more informed.”

He said the website was a work in progress as it would be regularly updated and more information added.

Elise Donovan, Coordinator of the recent Financial Literacy Survey report conducted by the Financial Services Commission (FSC), said Money Matters BVI is for everyone of all income, nationalities, age and gender and it offers free independent advice. “We collected as much information as we could. We did a scouting around the globe to see what financial education information would be provided around the globe then we looked into that information and tried to look specifically at what is relevant to the BVI population.”

Donovan also said that research for the website started in March and was completed in March and that most of the work was done “in house” which cut costs significantly.

The Commission, through its literacy programme, endeavours to provide the best and most appropriate education to the Territory’s financial consumers.

12 Responses to “FSC launches Money Matters BVI website ”

  • dude (07/12/2011, 15:50) Like (0) Dislike (0) Reply
    And to think that those ppl wanted top get rid of this man...
  • rat tail (07/12/2011, 16:06) Like (0) Dislike (0) Reply
    never heard ah ting from Robert for the four years VIP waz in now his NDP in he always in the news....his turn will come
    • Hardy Hard (07/12/2011, 16:20) Like (0) Dislike (0) Reply
      @rat tail, meh dear them will learn about that Robert Mathavious
    • capelton (07/12/2011, 16:53) Like (0) Dislike (0) Reply
      "that day will come"
    • T2DB (07/12/2011, 19:17) Like (0) Dislike (0) Reply
      Please! Thanks to that man we are still afloat! He's a GENIUS, he's good at what he does, stop hating you simple fool!! Show me another Department or Statutory Body head that's even half as successful as this man, show me one!!! The story is about the FSC branching out to help locals with financial information and that's all you could think of? Pathetic!
      • DOG MEAT (07/12/2011, 23:12) Like (0) Dislike (0) Reply
        WHAT EVER WE THE PEOPLE KNOWS BETTER
      • Another Stat Board (08/12/2011, 13:07) Like (0) Dislike (0) Reply
        Social Security is another successful statutory board. They also help keep us afloat.
  • critic (07/12/2011, 16:51) Like (0) Dislike (0) Reply
    seems like robert comes out of the woodworks every 4 years....strange
    • ------------------------ (07/12/2011, 23:42) Like (0) Dislike (0) Reply
      no correction "CRITIC" only when an NDP government is in power...but we sure he mad as hell he friend aint the Minister of Finance
  • Peng (08/12/2011, 06:51) Like (0) Dislike (0) Reply
    rat tail, or what a tale.....he chose to not be int he news, casue nothing was asked of him, his ideas to propel the industry was taken with a grain of salt by the incumbents! - Ask again when you mention his name, who has brought he BVI Financial Sector to where it is today????? Ask again and go about an read up on it!.....U better start thanking him for the food and job you have as well as the money u earn! becuae if it was not for financial services which I maihgt add brigs in all the money to the Territory, u wouldn't have a bed to rest your rat infested self!
    • critic (08/12/2011, 10:43) Like (0) Dislike (0) Reply
      give cryil romney most of the credit for it was his vision
      • YEAH (08/12/2011, 14:35) Like (0) Dislike (0) Reply
        and Cyril had a trust company that was involved in laundering which lost its license to operate. Ask Trident how and when they got most of their clients back in the 80s


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