All News

The Premier and Minister of Finance of the British Virgin Islands Hon. Andrew A. Fahie has today said that the good tax cooperation between the British Virgin Islands and France has been overlooked in the French Government's decision to include the jurisdiction, among others newly added, to its list of non-cooperative states and territories in tax matters.

A key highlight of the evening’s celebration was the announcement of the winners for the best in financial services awards. Calling them the “people’s choice awards,” the Premier announced that for 13 categories of awards, 47 persons were nominated through an online platform. The 3,672 which votes submitted in the 13 categories resulted in 14 winners.

The Government of the Virgin Islands has announced that Lisa Penn-Lettsome has been appointed Executive Director of International Business with effect from 1st October.

“The BVI is by far one of the safest places to live, work and do business in the Caribbean and in the world.” This is according to Commissioner of Police of the Royal Virgin Islands Police Force (RVIPF) Michael Matthews, who was speaking at the BVI Finance’s Lunch and Learn series on Wednesday, where he provided a security update on financial services.

BVI Finance welcomes the announcement by the OECD Forum on Harmful Tax Practices (FHTP) which acknowledges that the British Virgin Island’s domestic legal framework meets the Substantial Activities Standard introduced in November 2018.

With an underlying theme of digitalization, Deputy Managing Director, Corporate Services of FSC Jennifer Potter-Questelles emphasized the importance of embracing digitalization in the industry in her keynote address. She said that “digitalization is our ticket” and as the FSC continues to innovate, the industry is encouraged to do the same at all levels of their organisations.