BVI News

Articles By: Davion

Banco Popular is one the banks that operate in the British Virgin Islands.

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 […]

by / on December 14, 2023 at 7:26 AM /
The Terrance B International Airport

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 […]

by / on December 14, 2023 at 6:55 AM /
Police charge unnamed gov’t official with Breach of Trust

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 […]

by / on December 14, 2023 at 6:01 AM /
BVI experts promote financial services in Asia

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 […]

by / on December 14, 2023 at 5:13 AM /
File photo of Oleanvine Maynard and the disgraced former Premier, Andrew Fahie.

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 […]

by / on December 13, 2023 at 7:18 AM /
Premier Dr Natalio Wheatley. (GIS Photo)

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 […]

by / on December 13, 2023 at 6:31 AM /
Smith

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 […]

by / on December 13, 2023 at 6:15 AM /
Premier to critics: There’s no endless pot of money!

Premier to critics: There’s no endless pot of money!

Premier Dr Natalio Wheatley has warned critics that they will never get everything they want from the budget and insisted that there is no infinite reservoir of funds for the territory to tap into when executing projects. “This year’s budget […]

by / on December 13, 2023 at 6:15 AM /
Premier Dr Natalio Wheatley

Hard to keep up! Premier bemoans constant change of UK OT Ministers

Premier Dr Natalio Wheatley has expressed frustration at the constant changing of United Kingdom (UK) Overseas Territories (OTs) ministers. David Rutley is the UK’s latest Parliamentary Undersecretary of State and Premier Wheatley complained that the constant changes in that office […]

by / on December 13, 2023 at 6:07 AM /
RVIPF officers petition for Police Commissioner’s removal

RVIPF officers petition for Police Commissioner’s removal

A private petition signed by dozens of concerned officers within the Royal Virgin Islands Police Force (RVIPF) has called for the dismissal of Police Commissioner Mark Collins from office. The petition cites a slew of allegations ranging from misconduct to […]

by / on December 12, 2023 at 9:47 AM /