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In the wake of the pivotal COP28 conference, International Finance Centers (IFCs) continue to redefine their strategies to align with the new commitments and initiatives set forth for sustainable development and climate finance.

Tortola, November 29 — BVI Finance hosted part one of the webinar series, "Embracing the Crypto Revolution: The BVI's Role in the Global Crypto Ecosystem”, showcasing the BVI as a premier destination for cryptocurrency enterprises and highlighting its robust legal and regulatory frameworks. The webinar featured a panel of experts: Mr. Ronan Kuczaj, CEO of DTL Solutions; Mr. Lodewijk van Setten, Director and Chief Risk Officer at DLT Solutions and Director and General Counsel at Tri...

On Tuesday, November 21st ,BVI Finance hosted the 2023 Great Debate which saw the HLSCC Debate team and industry experts return for the highly anticipated debate competition. Arguing the moot “AI’s Impact on the BVI’s Financial Services Industry will lead to Retirement (re-invention)”, both teams carefully outlined their points to the judges panel comprising of leading industry professionals.  In the end, Jhadazia Lennard, Aiesha Daniel, and Tanesha Warner of the HLSCC Debate Team emerged...

The 2023 UK Financial Services Round Table took place on Monday this week at BVI House in London. Hosted by the British Virgin Islands (BVI) Premier, Dr. the Honourable Natalio Wheatley and the Deputy Premier, the Honourable Lorna Smith, OBE, the event attracted a full house with close to 30 representatives from the UK and European financial and professional services sector and led to a lively, constructive, and engaging conversation.

Deputy Premier and Minister for Financial Services, Labour and Trade, Hon. Lorna Smith, OBE, inaugurated the Sterling BVI AMLTF Conference 2023 with a strong emphasis on the crucial need for robust communication between regulatory bodies and the private sector. She underscored the importance of staying abreast of regulatory developments to effectively address industry-specific challenges.

Following a meeting of the European Union’s (EU’s) Economic and Financial Affairs Council (ECOFIN) today (17 October 2023), the British Virgin Islands (BVI) has been removed from the EU list of non-cooperative tax jurisdictions (Annex I).