In keeping with a recent recommendation from the Caribbean Financial Action Task Force, the Virgin Islands government is establishing a dedicated unit to handle sanctions like the ones that have …
April 9, 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 25, 2022
UK overseas territory minister visits VI
Amanda Milling, the United Kingdom minister responsible for the overseas territories, visited the Virgin Islands this week to discuss topics including Russia sanctions, other diplomatic affairs and public company registers. …
March 17, 2022
VI on board with ‘dizzying’ Russia sanctions
As Virgin Islands firms scramble to implement sanctions against Russian financial institutions and individuals in the wake of the Ukraine invasion, BVI Finance CEO Elise Donovan is clapping back at …
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July 26, 2018
Scotiabank customers criticise bank’s abrupt wave of account closures
A handful of Scotiabank (BVI) Limited customers were forced to scramble for alternative banking options after the Canada-based bank launched a wave of sudden account closures at the end of …
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