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 …
September 19, 2024
March 12, 2024
EDITORIAL: Anti-money laundering regime must be improved dramatically
The Virgin Islands received a harsh wake-up call last month. The latest mutual evaluation by the Caribbean Financial Action Task Force highlighted glaring deficiencies in the territory’s systems for combatting …
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March 11, 2024
Virgin Islands urged to up vigilance against terrorism financing
The Virgin Islands should take tougher action to mimimise the threat of terrorist financing, according to a recent review of its systems to prevent financial crime. The mutual evaluation report …
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May 15, 2021
FATF review set to get under way in July 2022
The Caribbean Financial Action Task Force’s long-delayed onsite visit to the the Virgin Islands is scheduled for July 2022, and Financial Services Commission officials said a flurry of activity is …
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