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article under the tag
finance

May 29, 2024

Virgin Islands works to free up climate finance for Overseas Territories

As leaders of island nations around the world prepare to converge on Antigua and Barbuda next week for a major international conference, the Virgin Islands recently hosted a preliminary meeting …

Continue reading “Virgin Islands works to free up climate finance for Overseas Territories”

by The BVI Beacon
May 3, 2024

Piggy bank contest inspires young savers

Superheroes were used to inspire Virgin Islands youths to become “super savers” as five financial institutions backed a piggy bank design competition this week at the BVI Financial Services Commission …

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by Shaun Connolly
April 26, 2024

$1.8 million to help fix worst roads

While government continues to consider the lone bid of about $37 million for 38 miles of roadwork across the territory, $1.8 million has been allocated to carry out remedial works …

Continue reading “$1.8 million to help fix worst roads”

by Rushton Skinner
April 19, 2024

Smith hits back after Labour MP’s ‘dirty money’ claims

Deputy Premier Lorna Smith pushed back this week after the Virgin Islands and other overseas territories were accused of deliberately defying the British parliament’s attempts to crack down on “dirty …

Continue reading “Smith hits back after Labour MP’s ‘dirty money’ claims”

by Shaun Connolly
April 15, 2024

Smith: Money-crime report not ‘damning’

The Virgin Islands is not facing a crisis in combating financial crime despite a recent report by international watchdogs which some experts viewed as scathing, Deputy Premier Lorna Smith said …

Continue reading “Smith: Money-crime report not ‘damning’”

by Shaun Connolly
March 28, 2024

Man charged with financial crimes

Following an investigation that lasted several months last year, 34-year-old Romaine Baird of Pasea Estate has been charged with theft, obtaining property by deception, and possession of proceeds of criminal …

Continue reading “Man charged with financial crimes”

by The BVI Beacon
March 25, 2024

Arbitrators discuss Caribbean industries

Construction, oil and gas, renewable energy and fintech were among the Caribbean industries that topped the discussion agenda last week during the fifth annual BVI Arbitration Week. The five-day event …

Continue reading “Arbitrators discuss Caribbean industries”

by The BVI Beacon
March 25, 2024

UK-OT finance dialogue marks one year

A series of meetings last week marked the completion of the first year of an ongoing dialogue between the United Kingdom and the overseas territories on fighting financial crime, according …

Continue reading “UK-OT finance dialogue marks one year”

by The BVI Beacon
November 16, 2023

Overseas territories ministers meet with UK leaders in London

The United Kingdom’s planned overseas territory strategy, public company registers, and other topics were on the agenda this week in London when OT leaders met with senior UK officials at …

Continue reading “Overseas territories ministers meet with UK leaders in London”

by Rushton Skinner
November 3, 2023

HOA suspends Trade Commission Act

Government legislators reversed course this week on their previous plan to establish a Trade Commission as a statutory body in place of the existing Trade Department. The commission, which was …

Continue reading “HOA suspends Trade Commission Act”

by Dana Kampa
October 10, 2023

Second cohort finishes fintech programme 18 professionals graduate

Eighteen professionals recently graduated as the second cohort of the new fintech programme at the Robert Mathavious Institute for Financial Services at H. Lavity Stoutt Community College. During the six-month …

Continue reading “Second cohort finishes fintech programme 18 professionals graduate”

by The BVI Beacon
August 29, 2022

Lawyers explain benefits of a will

More than 90 percent of the attendees at an Aug. 19 forum about estate planning admitted they didn’t have an active will in place. But when asked at the end …

Continue reading “Lawyers explain benefits of a will”

by Dana Kampa
May 3, 2021

HOA updates financial laws, others

The House of Assembly passed seven bills on April 22, most of which updated existing legislation focused on financial matters including fee waivers, trusteeships and inheritance rules. While presenting the …

Continue reading “HOA updates financial laws, others”

by Dana Kampa

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