The Virgin Islands is making a big push into the Latin American market for financial services with plans to open a business office in Panama this year. The Financial Services …
Biz ‘one-stop shop’ promised soon
Red tape must be cut across the government to boost local businesses and attract other investment in the territory, according to Financial Services and Economic Development Junior Minister Lorna Smith. …
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 …
Firms’ failure to file financials sparked urgent bill
Urgent legislation has been triggered after it emerged that up to 30 percent of companies registered in the Virgin Islands were on track to miss a deadline for submitting financial …
Continue reading “Firms’ failure to file financials sparked urgent bill”
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 …