The territory’s financial services industry has enjoyed a breakthrough year in rising global powerhouse India, according to the government. A 12-month-long push into the country, which recently overtook the United …
Company formations jump nearly 19% in Q3
New incorporations in the Virgin Islands recently saw their strongest quarter in four years, according to statistics released by the Financial Services Commission. In the third quarter of this year, …
VI hits back at London over transparency
Transparency-related tensions have again erupted between the Virgin Islands and Britain, which recently launched a new anti-corruption strategy that suggests overseas territories should launch fully public registers of beneficial ownership. …
Continue reading “VI hits back at London over transparency “
Tomorrow’s business drivers get a boost
The next generation of homegrown entrepreneurs was celebrated as the future of the Virgin Islands during a recent awards ceremony. The gathering on Dec. 1 followed a three-week Entrepreneur Training …
VI a ‘pace setter,’ awardees told
The Virgin Islands is a global leader in financial services partly because of continuous international scrutiny, Premier Natalio “Sowande” Wheatley said last week during a business awards ceremony. Speaking at …
Opposition backs premier on company register
The lives of business owners could be put at risk if the government allows full public access to the beneficial-ownership register it plans to launch by June, according to Opposition …
Continue reading “Opposition backs premier on company register”
VI repped at fintech event in Singapore
At a recent showcase for fintech and digital assets in Singapore, a Virgin Islands delegation moved to position the territory as a reliable destination for investment in the fast-growing business …
VI urged to shed ‘bad money’ rep
The Virgin Islands must boost transparency and “clean up” its reputation for attracting “bad money” if it wants to grow its financial services sector, British Anti-Corruption Champion Baroness Margaret Hodge …
Business drive pushes into Latin America
Financial services firms in the Virgin Islands have set their sights on the Latin American market with a major push into the region. As part of that effort, the territory …
Incorporations up nearly 8% in H1
Incorporation numbers for the first half of this year show a picture of steady growth, building on 2024’s modest recovery from the 25-year low recorded in 2023. All told, 14,008 …
UK talks loom on company register
Leaders in the Virgin Islands and London will soon discuss the territory’s plan to limit public access to the new beneficial-ownership register set to launch here early next year, Governor …
Trident downsizing hold ‘lessons,’ Smith says
Recent downsizing at one of the territory’s largest financial services firms shows that the sector needs to be adaptable and diverse, then-deputy premier Lorna Smith said Friday. Trident Trust has …
Continue reading “Trident downsizing hold ‘lessons,’ Smith says”
Financial services reforms continue
The House of Assembly suspended its usual rules on Monday to introduce and pass two financial services bills designed to avoid international sanction by bringing the territory in line with …
Money-laundering review rates VI below rivals
Compared with at least two overseas territories that operate rival financial industries, the Virgin Islands still has a “mountain to climb” when it comes to proving its effectiveness in combating …
Continue reading “Money-laundering review rates VI below rivals”
Deposit insurance body launches
Bank customers in the territory can look forward to better protection now that the long-promised Virgin Islands Deposit Insurance Corporation has been established, the Ministry of Finance announced last week. …
Financial Services Commission gearing up for a busy 2024
The BVI Financial Services Commission will host at least three conferences for bankers and other industry stakeholders during 2024, according to its December newsletter. The 41st Annual Conference of the …
Continue reading “Financial Services Commission gearing up for a busy 2024”
Financial training offered for teens
There are many paths to a career in the financial services industry, and Virgin Islands firms are collaborating to offer youths a free opportunity to learn more about the sector. …
NOTICES (July 21, 2022)
APPOINTMENT Aportis Holdings Corp. (In Voluntary Liquidation) Company Number: 1534436 Notice is hereby given pursuant to Section 204(1)(b) of the BVI Business Companies Act, 2004 that the Company is in …
Notices (June 30, 2022)
Final Notice of Dissolution under the BVI Business Company Act. GLENGARY OVERSEAS LIMITED (In Voluntary Liquidation) Company No. 598464 Notice is hereby given pursuant to Section 208, subsection 3 of the …
NOTICES (June 16, 2022)
THE BVI BUSINESS COMPANIES ACT, 2004 REDFLOWER GROUP LIMITED (IN VOLUNTARY LIQUIDATION) Notice is hereby given that in accordance with the British Virgin Islands Business Companies Act, 2004: a) REDFLOWER …
Notices (March 31, 2022)
Business Companies Act, 2004 Voltaire International Ltd. BVI COMPANY NUMBER1651077 Voluntary Liquidation Notice is hereby given that Voltaire International Ltd., has been dissolved and has been struck from the Register of Companies with …
NOTICES (March 24, 2022)
Notice of Appointment of Liquidator under Section 204 of the BVI Business Company Act. Douhao. Inc. (In Voluntary Liquidation) (“the Company”) BVI Company Number: 1925605 NOTICE OF LIQUIDATORS’ APPOINTMENT NOTICE …
Notices (March 3, 2022)
THE BVI BUSINESS COMPANIES ACT, 2004 FORESIGHT INVESTMENT ADVISORS LIMITED (IN VOLUNTARY LIQUIDATION) Notice is hereby given that in accordance with the British Virgin Islands Business Companies Act, 2004: a) …
Notices (Feb. 24, 2022)
APPOINTMENT SHEVKONN HOLDINGS LTD (In Voluntary Liquidation) Company Number: 579985 Notice is hereby given pursuant to Section 204(1)(b) of the BVI Business Companies Act, 2004 that the Company is in …
Notices (Feb. 17, 2022)
BVI BUSINESS COMPANIES ACT, 2004 FARM STREET GROUP LTD. (the “Company”) a BVI Business Company BVI Company N°1941630 NOTICE OF LIQUIDATOR’S APPOINTMENT NOTICE IS HEREBY GIVEN pursuant to section 204(1)(b) …