News
VI eyes India to diversify financial services sector
DUBAI, United Arab Emirates- Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley, has said the Virgin Islands’ (VI) financial services sector is looking to diversify and is well-positioned to assist India.
Claudia Creque Educational Centre wins FIN$MART FACEOFF 2026
PARAQUITA BAY, Tortola, VI- Students of the Claudia Creque Educational Centre, Axel Varlack and Amiah Chang, emerged winners of FIN$MART FACEOFF 2026.
'We must tell the truth' about Hon Lorna G. Smith OBE- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) is continuing to stand in solidarity with Junior Minister for Financial Services Hon Lorna G. Smith, OBE (AL), saluting her contribution to nation building, while speaking in the House of Assembly (HoA).
FSC to continue strengthening supervisory initiatives in 2026
ROAD TOWN, Tortola, VI- The BVI Financial Services Commission (FSC) intends to continue strengthening its supervisory initiatives in 2026.
16 awarded @ 2025 Financial Services Awards
ROAD TOWN, Tortola, VI- Sixteen awards were handed out during the 2025 Financial Services Awards on Wednesday, December 3, 2025.
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VI commits to improving legitimate access to registers of beneficial ownership
LONDON, UK- It was in November 2024, that the Overseas Territories (OTs), while at the Joint Ministerial Conference (JMC) in London, were able to secure an agreement with the United Kingdom (UK) to introduce Registers of Beneficial Ownership on a legitimate interest access basis.
VI achieves compliance with all 40 FATF recommendations
ROAD TOWN, Tortola, VI – Despite negative speculations surrounding the financial services sector in the Virgin Islands, perpetrated by the press and some parliamentarians in the United Kingdom, the Caribbean Financial Action Task Force (CFATF) has rated the territory as Compliant or Largely Compliant with all 40 Financial Action Task Force (FATF) Recommendations.
VI mediates around $638B in investment related to Asia- Hon Lorna G. Smith OBE
ROAD TOWN, Tortola, VI- Junior Minister for Financial Services, Economic Development and Digital Transformation Hon Lorna G. Smith, OBE, has said the Virgin Islands is “richer” for knowing the late financial services visionary leader, Robert A. Mathavious, OBE, and “poorer” for losing him.
Dr Robert A. Mathavious was a 'sincere man who led with purpose'- Kenneth B. Baker
ROAD TOWN, Tortola, VI- Mr Kenneth B. Baker, Managing Director and CEO of the BVI Financial Services Commission (FSC), paid tribute to the late Dr Robert A. Mathavious, OBE, who he said impacted the lives of those he came in contact with.
VI seeks to 'strengthen engagement' with EU & Member States
PARIS, France- The Virgin Islands (VI) is continuing to strengthen its relationship with the European Union (EU) members in the Financial Services Sector.
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