News
PAID AD: NAGICO wins BVI Finance’s Insurance 'Agency of the Year Award'
ROAD TOWN, Tortola, VI - For the second consecutive year, NAGICO Insurances has won the Insurance Agency of the Year Award as voted on by residents across the Virgin Islands (VI) who participated in the annual Financial Services Awards hosted by BVI Finance.
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.
'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.
NAGICO receives prestigious BVI Finance ‘Insurance Agency of the Year’ Award
ROAD TOWN, Tortola, VI- NAGICO Insurances has been recognised for its continued exemplary service by winning the BVI Finance’s Insurance Agency of the Year Award which celebrates the vital role played by the company in the financial services industry and the wider Virgin Islands community.
BVI Finance welcomes UK Gov't response to exchange of notes on Beneficial Ownership
ROAD TOWN, Tortola, VI - BVI Finance welcomes positive comments made by the UK Home Secretary reflecting the level of cooperation between UK and BVI law enforcement authorities, following a review into the implementation of the Exchange of Notes (EoN) on Beneficial Ownership information, 18 months after its initial introduction.
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.
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).
No money issues in VI – Premier Fahie
ROAD TOWN, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1), says that with the Virgin Islands Party (VIP) in government and budget estimates in place, the main objective now is to make sure that all the various parts of the Virgin Islands (VI) financial services sector is working together as a unit so that they can overcome challenges.
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.
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.

