BVI News

Archive for June, 2025

UK watchdog rejects BVI’s registry policy over ‘tipping off’ loophole

UK watchdog rejects BVI’s registry policy over ‘tipping off’ loophole

British advocacy and anti-corruption group Transparency International UK has stated that the BVI’s new policy for its company registry is restrictive and will make it difficult for people to identify the owners of companies and wealthy individuals who do business […]

by / on June 26, 2025 at 7:57 AM /
Police officers got injured during $144M drug haul on Virgin Gorda

Police officers got injured during $144M drug haul on Virgin Gorda

Several officers of the Royal Virgin Islands Police Force (RVIPF) were injured during a high‑risk drug recovery mission in Virgin Gorda that led to the arrest of seven individuals and the seizure of cocaine worth an estimated $144 million. The intelligence-led operation, […]

by / on June 26, 2025 at 7:45 AM /
Rosan: Public should protest when ‘motion of no confidence’ is laid

Rosan: Public should protest when ‘motion of no confidence’ is laid

Political commentator Cindy Rosan has posited that residents would make an impact if they staged a protest on the same day the Opposition lays its motion of no confidence against government in the House of Assembly. The motion is being […]

by / on June 26, 2025 at 7:44 AM /
Premier denies hiding behind audits in Bank of Asia debacle

Premier denies hiding behind audits in Bank of Asia debacle

Premier Dr Natalio Wheatley has defended the government’s decision to launch an internal audit into the controversial $5 million government deposit at the Bank of Asia, following public criticism and media questions about transparency and responsibility. Speaking during a live […]

by / on June 26, 2025 at 7:40 AM /
Alliance questions gov’t making water ‘critical issue’

Alliance questions gov’t making water ‘critical issue’

Opposition members have criticised the government for declaring water access a national “critical issue” only after years of public outcry and neglect, calling the announcement a political move rather than a genuine effort to address long-standing infrastructure failures. Works Minister […]

by / on June 26, 2025 at 6:35 AM /
Teen arrested for stabbing boyfriend

Teen arrested for stabbing boyfriend

As the territory continues to grapple with serious cases of intimate partner violence, BVI News understands that a 17-year-old female has been arrested and charged after reportedly stabbing her boyfriend during a domestic altercation. It is unclear whether the young […]

by / on June 25, 2025 at 7:46 AM /
BVI publishes policy on beneficial ownership

BVI publishes policy on beneficial ownership

Amid international pressure, the BVI has published a new policy that guides access to the Register of Beneficial Ownership for BVI Business Companies and Limited Partnerships. According to the BVI government, the policy—published on June 23—follows a comprehensive stakeholder consultation […]

by / on June 25, 2025 at 7:40 AM /
BVI unlikely to lose business after grey listing — Smith

BVI unlikely to lose business after grey listing — Smith

The BVI is unlikely to lose business following its greylisting by the Financial Action Task Force (FATF), according to Junior Minister for Financial Services Lorna Smith. Smith strongly rejected suggestions that the territory would suffer economic fallout due to its […]

by / on June 25, 2025 at 6:57 AM /
Over $1.2M allocated for festival as 2024 report delayed

Over $1.2M allocated for festival as 2024 report delayed

Premier Dr Natalio Wheatley has confirmed that more than $1.2 million has been allocated for the 2025 emancipation festival, even as questions linger over the delayed financial report for last year’s event. Premier Wheatley said the funding includes allocations for […]

by / on June 25, 2025 at 6:25 AM /
Basket of goods plan still in the works – Premier

Basket of goods plan still in the works – Premier

Premier Dr Natalio Wheatley has shed more light on the government’s plans to introduce a “basket of goods” initiative aimed at easing the rising cost of living in the Virgin Islands. The Premier said the initiative is still being developed […]

by / on June 25, 2025 at 6:15 AM /