"The light that comes from wisdom never goes out"
This winter, Virgin Islands residents seeking a new career path may want to consider one they may have thought only existed in English manor houses or on television: butler. “We …
Continue reading “Revamped Rosewood Little Dix Bay prepares to reopen”
Next month, the European Union will revamp its methodology for compiling its anti-money laundering blacklist, after a previous list was blocked by EU governments that objected to the listing of …
Continue reading “EU anti-money laundering blacklist to be revisited”
Despite the Tuesday closure of a major Florida port and Tropical Shipping’s temporary suspension of sailings due to Hurricane Dorian, the average Virgin Islands consumer needn’t worry, according to Chris …
Continue reading “No food shortages due to Hurricane Dorian”
Hong Kong leader Carrie Lam on Tuesday refused to budge on the demands of the pro-democracy protesters marching through the streets of the Chinese territory, even as the demonstrations became …
The BVI Electricity Corporation has been granted an injunction against BVI Cable TV after claiming that the cable company was “creating safety risks” to the public and BVIEC employees by …
Aspiring marine professionals will get new opportunities to train in all aspects of the industry after Premier Andrew Fahie launched the new “Back to the Sea” Maritime Industry Training Programme …
The Virgin Islands Trade Commission Act, which sets out a framework needed to complement the proposed Consumer Protection Act, was sent to a select committee in the House of Assembly …
Javier Smith, as a freelance boat captain, thought he could anticipate his guests’ every need. But it wasn’t until he visited Miami for a friend’s birthday party that he realised …
The legal framework of the Virgin Islands, along with those of 11 other low- and no-tax jurisdictions, has been declared “not harmful” by the Organisation for Economic Cooperation and Development …
“Digitalisation is our ticket,” Jennifer Potter-Questelles, deputy managing director of corporate services at the Financial Services Commission, said last week during the FSC’s annual Meet the Regulator forum. To help …
Continue reading “FSC to invite applications for fintech “sandbox””
Price control is “not the focus” of the 99-page draft Consumer Protection Act, 2019, said Junior Trade Minister Sharie de Castro (R-at large), even though she acknowledged that price gouging …
Continue reading “Price control ‘not the focus’ of consumer protection bill”
The Virgin Islands incorporated 7,214 new companies in the first quarter of 2019, representing an approximately 19 percent dip from the previous quarter’s total of 8,916 incorporations and turning in …
Over the past decade, Latin American families have become increasingly likely to declare their wealth to tax authorities in their home countries, according to Martin Litwak, founder of Untitled (formerly …
Continue reading “Latin American transparency could provide opportunities”
Both United Kingdom and United States law enforcement agencies have praised the overseas territories’ systems for exchanging beneficial ownership information, with UK Home Secretary Sajid Javid calling them “extremely useful” …
Continue reading “BOSSS system praised by United Kingdom, United States”
Last month, German authorities announced that they had raided banks, offices and homes as part of a larger investigation into suspected tax evasion linked to a company set up in …
Continue reading “German bank raids linked to VI-based company”
Facing increasing pressure from members of the United Kingdom Parliament, the Crown dependencies of Jersey, Guernsey and the Isle of Man jointly announced last week what they called “a series …
The Caribbean recorded a 12 percent increase in tourist arrivals during the first quarter of 2019 spurred on by a 24 percent rise in arrivals from the United States, according …
The Recovery and Development Agency last Thursday held a conference for bidders interested in repairing homes and erecting temporary housing structures on Tortola, Anegada and Jost Van Dyke. RDA Head …
Continue reading “RDA holds bidders’ conference for temporary housing”
Starting in July, the Willy T floating bar and restaurant will be back where many visitors and residents feel it belongs — in its original location, anchored off The Bight …
Caribbean Development Bank President Dr. William Warren Smith called for private-sector-led “digital transformation” to achieve a sustainable future in the region as it faces external threats from globalisation and natural …
Continue reading “Caribbean Development Bank pushes ‘digital transformation’”
At 11 a.m. on Friday, Jonathan Hing was already ahead of the game. As around 50 of his fellow jobseekers wandered around, he had filled out an application from The …
Continue reading “Hire BVI job fair a place to apply, learn”
BVI Finance has clapped back after the Virgin Islands topped a list of the “most corrosive corporate tax havens” in the world published last week by the Tax Justice Network. …
Continue reading “VI fires back after topping “tax haven” list”
The territory’s financial services industry managed to weather a number of threats from abroad and finished 2018 stronger than the previous two years, as indicated by recently published fourth-quarter 2018 …
Continue reading “Financial services had best year since 2015”
When Judy Varlack-Pickering’s husband died, he didn’t have a will. Still, she thought everything would work out smoothly “because he was my husband.” She soon received a rude shock. “When …
Continue reading “Making a will won’t kill you, says FSC panel”
As the financial services industry faces existential threats from multiple directions, a recent report found good news for the Virgin Islands: The territory is among a small number of offshore …
Continue reading “Vistra: VI retains importance in offshore world”
