News
Skelton-Cline hopeful investors would resurrect Bank of Asia (BVI) Ltd
BAUGHERS BAY, Tortola, VI- “The country at the end of the day cannot allow for the failure of any banks….That’s just the nature and the sensitivity surrounding the jurisdiction, the major of our two pillars, so we simply can’t afford that,” Commentator and clergyman Claude O. Skelton-Cline said, as he expressed hope that the Bank of Asia (BVI) Limited can actually be saved.
High praise for Hon Lorna G. Smith from Premier Wheatley @Fintech on the Seas
NECKER ISLANDS, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) applauded the work of Hon Lorna G. Smith, OBE (AL) during the opening ceremony of Fintech on the Seas: the BVI’s Digital Assets Summit.
'Groundbreaking' 3-day Digital Assets Summit begins today
NECKER ISLAND, VI- BVI Finance will host Fintech on the Seas: the BVI’s Digital Assets Summit, beginning today, Wednesday, June 25, 2025.
2 years normal timeline for FATF grey list removal- Hon Lorna G. Smith
ROAD TOWN, Tortola, VI- Junior Minister for Financial Services, Trade and Economic Development, Hon Lorna G. Smith (AL), has said the targeted two-year timeline to be removed from the Financial Action Task Force’s (FATF) grey list is normal.
Hon Walwyn’s Bank of Asia claims ‘completely false’- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has called out Opposition Leader Hon Myron V. Walwyn (R6) for publicly making false statements regarding the deposit of five million dollars in the now defunct Bank of Asia (BVI) Limited.
VI will remain engaged with DR for mutual economic benefits- Premier Wheatley
CARTAGENA, Colombia - The Virgin Islands (VI) and the Dominican Republic (DR) have reaffirmed the economic importance of the Greater Caribbean as the region seeks to boost its economic dynamism and resilience.
Road Town Partnership comes to the public July 2
ROAD TOWN, Tortola, VI- The Road Town Partnership (RTP) moves into the public consultation phase beginning July 2, 2025.
USVI: Gov. Byran markets USVI as top-tier investment destination
VI CONSORTIUM
WASHINGTON D.C., USA- Government House announced Friday that Governor Albert A. Bryan Jr. addressed more than 100 clients and personnel of law firm Winston & Strawn, making a powerful case for the U.S. Virgin Islands as a premier destination to do business.
Hon Walwyn slammed for being 'unwise & irresponsible'
BAUGHERS BAY, Tortola, VI- The controversial Opposition Leader of the Virgin Islands, Honourable Myron V. Walwyn (R6), has been criticised as "unwise and irresponsible" for snubbing local procedures and inviting Governor Daniel Pruce to get involved in the Bank of Asia (BVI) Limited fiasco.
Gov’t declares water a ‘National Critical Priority’; Initial $8M to be allocated
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands, with Cabinet’s approval, has declared water a ‘National Critical Priority and will pump an initial eight million dollars towards immediate upgrades to the system.

