Got TIPS or BREAKING NEWS? Please call 1-284-442-8000 direct/can also WhatsApp same number or Email ALL news to:newsvino@outlook.com;                               ads call 1-284-440-6666

VI avoids latest EU Blacklist

February 23rd, 2026 | Tags: VI EU blacklist greylist
The Virgin Islands has not been placed on the EU's tax blacklist of non-cooperative jurisdictions; however, it remains on the "grey list" (Annex II), indicating ongoing cooperation on tax reforms. Photo: Internet Source
The European Council has revised the EU blacklist of non-cooperative tax jurisdictions, which now includes 10 countries and territories. Photo: Internet Source
The European Council has revised the EU blacklist of non-cooperative tax jurisdictions, which now includes 10 countries and territories. Photo: Internet Source
ROAD TOWN, Tortola, VI – The Virgin Islands has not been placed on the EU's tax blacklist of non-cooperative jurisdictions; however, it remains on the "grey list" (Annex II), indicating ongoing cooperation on tax reforms.

This information comes from the latest EU Blacklist update released on February 17, 2026.

10 countries currently on Blacklist

The European Council has revised the EU blacklist of non-cooperative tax jurisdictions, which now includes 10 countries and territories. 

According to the EU, these jurisdictions are considered non-compliant with international tax standards related to transparency, fair taxation, or anti-BEPS (Base Erosion and Profit Shifting) measures. 

The countries currently on the blacklist are American Samoa, Anguilla, Guam, Palau, Panama, Russia, the US Virgin Islands, and Vanuatu, with the Turks and Caicos Islands and Vietnam being newly added in 2026.

 VI remains on Greylist

The Virgin Islands remains on the grey list (Annex II), which serves as a "watch list" of jurisdictions that have committed to tax reforms. Other countries on the grey list include Belize, Brunei Darussalam, Eswatini, Greenland, Jordan, Montenegro, Morocco, and Türkiye.

The Virgin Islands' avoidance of the tax blacklist helps prevent more severe punitive tax measures from EU member states.

The next review of the EU blacklist is expected in October 2026.

5 Responses to “VI avoids latest EU Blacklist”

  • jack (23/02/2026, 17:18) Like (1) Dislike (6) Reply
    The great works of Lorna smith
  • hellboy (23/02/2026, 17:47) Like (0) Dislike (0) Reply
    Yes, however, we are still on this blacklist, which is negatively impacting our business.https://www.gov.uk/government/publications/money-laundering-advisory-notice-high-risk-third-countries--2/money-laundering-advisory-notice-high-risk-third-countries--2

    FATF public statement
    On 24 October 2025, the FATF published the most recent update to its lists of jurisdictions identified as having strategic deficiencies in their AML/CTF regimes, of “Jurisdictions Under Increased Monitoring” and “High-Risk Jurisdictions subject to a Call for Action”.

    In response to the latest FATF statements, HM Treasury advises firms to consider, at the time of publication, that the following jurisdictions are considered ‘High-Risk Third Countries’ as defined by Regulation 33 of the MLRs:

    Algeria
    Angola
    Bolivia
    British Virgin Islands
    Bulgaria
    Cameroon
    Côte d’Ivoire
    Democratic People’s Republic of Korea
    Democratic Republic of the Congo
    Haiti
    Iran
    Kenya
    Lao PDR
    Lebanon
    Monaco
    Myanmar
    Namibia
    Nepal
    South Sudan
    Syria
    Venezuela
    Vietnam
    Yemen
  • Life water (24/02/2026, 00:09) Like (0) Dislike (2) Reply
    Thanks to the vip government Our people deserve and they expect nothing less.
  • Blacklist (24/02/2026, 13:26) Like (0) Dislike (0) Reply
    If blacklist was about bank of asia, we woulda been on the blacklist. The outside powers not looking for that becauae that does not compete with their unattractive, high tax jurisdictions
  • Timothy Tymes. (25/02/2026, 04:42) Like (0) Dislike (0) Reply
    The wicked disciples of Lucifer are always lurking in the dark to destroy the Virgin Islands.


Create a comment


Submit comment

Create a comment

Submit comment
Disclaimer: Virgin Islands News Online (VINO) welcomes your thoughts, feedback, views, bloggs and opinions. However, by posting a blogg you are agreeing to post comments or bloggs that are relevant to the topic, and that are not defamatory, liable, obscene, racist, abusive, sexist, anti-Semitic, threatening, hateful or an invasion of privacy. Violators may be excluded permanently from making contributions. Please view our declaimer above this article. We thank you in advance for complying with VINO's policy.

Follow Us On

Disclaimer: All comments posted on Virgin Islands News Online (VINO) are the sole views and opinions of the commentators and or bloggers and do not in anyway represent the views and opinions of the Board of Directors, Management and Staff of Virgin Islands News Online and its parent company.