The British Virgin Islands (BVI) is on the brink of a telecommunications revolution, and you’re invited to lead the charge. The Telecommunications Regulatory Commission (Commission) is putting the power in your hands with a survey aiming to redefine telecommunications services […]
Archive for December, 2023
Wealth hidden in tax havens could help fight climate crisis
The amount of tax lost every year to multinational corporations and wealthy individuals using tax havens is on par with the amount of money needed each year to cover the estimated cost of climate-induced loss and damage. This is the […]
Vanterpool family purchasing Quito’s Inn and Restaurant
Former lawmaker Mark Vanterpool has announced that his family group is expected to purchase the Quito’s Inn & Restaurant establishment in Cane Garden Bay. Vanterpool was speaking recently at the ceremony for another acquisition for his family group — the […]
Banco Popular to have 5-day banking in VG next year
Ninth District Representative Vincent Wheatley has announced that Banco Popular on Virgin Gorda will expanding the number of days it offers baking services on the sister island. The bank currently operates on a three-day schedule and Wheatley said he was […]
Airport expansion not considered by UK in debt levels
Premier Dr Natalio Wheatley has disclosed that the United Kingdom will not consider loan funding acquired for the BVI’s planned airport expansion project as part of the territory’s debt limits. He said this was expressed in discussions had with British […]
Police charge unnamed gov’t official with Breach of Trust
The Royal Virgin Islands Police Force (RVIPF) announced that Breach of Trust charges were laid against a senior government official on Wednesday, December 13, concerning an ongoing investigation within His Majesty’s Customs. Despite repeated inquiries from the media, there has […]
BVI experts promote financial services in Asia
Representatives of BVI’s financial services sector recently participated in the Asia Outbound Summit, where they showcased the jurisdiction as a premier hub in offshore finance and wealth management. The Asia Outbound Summit is an annual event that brings together key […]
US prosecutors present witnesses, extensive evidence against Fahie
The prosecution has disclosed a list of six persons expected to take the stand as witnesses when the drug and money laundering trial against former Premier Andrew Fahie begins in January. Fahie, 53, is charged with one count of conspiracy […]
Premier backs Guyana in ongoing border dispute with Venezuela
Premier Dr Natalio Wheatley has thrown his support behind Guyana as that country remains embroiled in a border dispute with Venezuela. Venezuela and Guyana are currently in a dispute over an oil-rich area called Essequibo. The international community has signalled […]
Human rights now a concern with publicly accessible registers of beneficial ownership
Minister for Financial Services Lorna Smith has announced that the BVI will not push to implement publicly accessible registers of beneficial ownership in the financial services industry, despite previous promises to do so. Beneficial owners are persons who enjoy the […]