The Virgin Islands will likely feel blowback from recent turmoil on Wall Street sparked by United States President Donald Trump’s trade wars, experts have warned. Ahead of a threatened wave …
March 21, 2025
January 20, 2025
Company register reforms set to spark debate
The “devil will be in the detail” as government moves to expand access to company ownership information this year while still leaving certain restrictions in place, experts said. The comments …
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December 13, 2024
Virgin Islands critic is new UK anti-corruption czar
A long-time critic of the Virgin Islands’ financial services sector has been appointed as the United Kingdom’s new “Anti-Corruption Champion.” Baroness Margaret Hodge has pledged to end “dither and delay” …
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May 6, 2024
Call made for civil asset forfeiture law
A straightforward revamp of Virgin Islands business law would help combat financial crime and boost the territory’s reputation while potentially putting tens of millions of dollars in the government’s coffers, …
October 5, 2020
Special Report: Lawyer claims he forgot getting $100,000 from BVI Airways
Shortly after government hired a law firm to recover $7.2 million in taxpayer money paid to the now-defunct BVI Airways, Washington DC attorney Lester Hyman told an investigator in July …
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June 11, 2020
Pandemic could cause rise in fraud cases in VI
The economic fallout from the Covid-19 crisis has sent businesses across the globe reeling — and fraudulent businesses are no exception, Virgin Islands based asset recovery lawyer Martin Kenney said …
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February 12, 2019
Commentary — VI lawyer blasts EU threats
The European Union’s blacklisting threat against smaller territories is undemocratic and brutal. It also reveals a fundamental misunderstanding of what Virgin Islands companies do. Repetition is to be avoided in …