News
I have no doubt we will be going back to Guyana’ – Hon Lorna G. Smith
ROAD TOWN, Tortola, VI - Deputy Premier and Minister for Financial Services, Trade, and Labour Honourable Lorna G. Smith (AL) OBE said for local businesses and companies who may have missed the trade mission to Guyana, there is no doubt that another mission will be on its way which will give persons an opportunity to travel to the South American nation to explore investment opportunities.
TRC wins 2020 Regulator of the Year Award
ROAD TOWN, Tortola, VI- On March 28, 2021, at the BVI Finance Awards, the Telecommunications Regulatory Commission (TRC) emerged the winner of the Regulator of the Year Award.
Churches & Ponzi Schemes are 'not the same'- Elise Donovan
ROAD TOWN, Tortola, VI - While greed could be a motivation for joining a Ponzi or Pyramid scheme, CEO of BVI Finance, Ms Elise Donovan said she believes Virgin Islanders are more motivated to get involved in financial schemes to get blessings.
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.
VI can already identify beneficial owners of companies- Elise Donovan
BAUGHERS BAY, Tortola, VI – Chief Executive Officer of BVI Finance, Mrs Elise Donovan says due to strict local policies regarding registration of companies, the Territory can already identify beneficial owners of companies registered in the Virgin Islands; however, it has taken the position to implement public registries only until it becomes a global standard.
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).
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.