BVI News

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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 /
Deputy Premier and Labour Minister Lorna 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 /
Former Premier Andrew Fahie

Former Premier Fahie seeks bail variation for Christmas

Former Premier Andrew Fahie has filed an unopposed motion requesting a modification of his current bond conditions to allow his wife to retain travel documents during her upcoming visit to Miami for the holidays. Fahie is currently on bond and […]

by / on December 12, 2023 at 7:06 AM /
UK open to climate change fund for BVI, OTs

UK open to climate change fund for BVI, OTs

Premier Dr Natalio Wheatley has announced that the UK State Minister for Energy, Graham Stuart has expressed that he is open to establishing a climate change fund to assist BVI and other Overseas Territories that are grappling with the global […]

by / on December 12, 2023 at 6:59 AM /
Man charged with burglary after alleged forensic report

Man charged with burglary after alleged forensic report

BVI News understands that a man who is already in custody was recently slapped with additional charges after his fingerprints matched those found at the scene of a burglary. It’s reported that a couple contacted the police after they returned […]

by / on December 12, 2023 at 6:50 AM /