"The light that comes from wisdom never goes out"
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”
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 …
Continue reading “EDITORIAL: Anti-money laundering regime must be improved dramatically”
On Tuesday, the European Union added 10 more jurisdictions to its expanding blacklist, tripling the number of jurisdictions already listed. The Virgin Islands was not one of them. In an …
Continue reading “VI avoids EU blacklist, but remains on ‘grey list’”
