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April 5th, 2024
BVI Business Banking Expo set for June 6, 2024- Hon Smith

ROAD TOWN, Tortola, VI– Persons in the finance sector in the Virgin Islands (VI) can get ready for the BVI Business Banking Expo slated for June 6, 2024. The Expo is slated to bring financial institutions, the regulators, business owners, and entrepreneurs from across the territory to discuss the latest trends and innovations in banking.

February 3rd, 2024
Money Matters BVI launches 4th annual Piggy Bank Pageant

ROAD TOWN, Tortola, VI – Money Matter VI (MMBVI), the financial literacy function at the BVI Financial Services Commission, has announced the launch of its fourth annual Piggy Bank Pageant (PBP) in the Virgin Islands.

January 27th, 2024
VI Deposit Insurance Corporation launched to usher in new era of Financial Security

ROAD TOWN, Tortola, VI - The Ministry of Finance has announced the establishment of the Virgin Islands Deposit Insurance Corporation (VIDIC), a crucial step towards enhancing financial security for depositors within the Territory of the Virgin Islands.

December 9th, 2023
VI's position on PARBO will continue to meet human rights obligations - Gov't

ROAD TOWN, Tortola, VI – While British Overseas Territories (OTs) and Crown Dependencies including the [British] Virgin Islands (VI) have previously committed to the implementation of publicly accessible registers of beneficial ownership, commonly referred to as PARBO, the Virgin Islands has taken a new position based on a recent decision by the European Court of Justice.

November 22nd, 2023
VIP Gov’t forecasting increased revenue from taxes in 2024

ROAD TOWN, Tortola, VI– The Government of the Virgin Islands (VI) is forecasting an overall revenue increase from its government services and taxes by $5.65 million over 2023 revenues to $382.67 million in 2024.

November 22nd, 2023
Some 60% VI public servants considered ‘working poor’- Premier Wheatley

ROAD TOWN, Tortola, VI– An adjustment of the Virgin Islands (VI) minimum wage is underway to improve wages for persons specifically in the public service, referred to as the ‘working poor” in the territory by the Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7), in his 2024 Budget Speech delivered on November 21, 2023.

November 11th, 2023
Youth & Capital

Dickson C. Igwe

The story of capital and social inequality offers the assertion that in a world ruled by capital, it is imperative young Virgin Islanders and residents understand economics and finance.

October 3rd, 2023
VI Gov’t takes steps toward public debt reform with self-assessment

ROAD TOWN, Tortola, VI - The Government of the Virgin Islands (VI) has undertaken a Debt Management Self-Assessment to evaluate the various processes and institutions currently in place to guide public debt activities as facilitated by the Commonwealth Secretariat’s Debt Management Unit from September 18 to 29, 2023, and spanned the full gamut of government debt management functions.

September 30th, 2023
‘Glamour FX Trade Ltd’ falsely purporting to have license in VI- FSC

PASEA ESTATE, Tortola, VI - The BVI’s Financial Services Commission (FSC) in a September 22, 2023, public statement said that in order to protect the customers, creditors, or persons who may have been solicited to conduct business by GLAMOURFXTRADE, or Glamour FX Trade Ltd., as well as to bring awareness to the public; has noted that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business in the Virgin Islands.

September 30th, 2023
FSC reverses media censorship policy for upcoming forum

PASEA ESTATE, Tortola, VI – Following criticisms over media censorship as reported by Virgin Islands News Online (VINO), the BVI Financial Services Commission (FSC) has announced a reversal of its media censorship policy for the Meet the Regulator Forum slated for October 3, 2023.

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