BVI Finance Articles

The special report, “2022 Offshore solutions in the British Virgin Islands (BVI)”, delves into the products and services offered by Asia’s offshore jurisdiction of choice – the BVI. In 2022, there are many reasons to be optimistic about a resurgence in global investment, growth and productivity.

One of the topics under discussion at this year’s World Economic Forum meeting in Davos Switzerland was: Is there a future for globalisation? The pandemic, the war in Ukraine, rising energy and food prices, supply chain disruptions, global warming: these challenges threaten to destabilise decades of steady advances.

International Financial Centres (IFCs) have undergone profound change over the past few years. From seismic shifts in global regulation through to the growing and increasingly diversified demand for financial services and innovative products, these developments have led to a widening of horizons and increasing sophistication of the offshore corporate services industry.

The author of this article argues that as Asia and the rest of the world begin to rebuild their economies, the role IFCs play will continue to be of great importance.

Elise Donovan is CEO of BVI Finance With the second anniversary of COVID-19 now behind us, there are many reasons to be optimistic about a resurgence in global investment, growth and productivity. Emerging and developing economies are displaying impressive resilience and, with the help of global finance and investment, are making strides in the areas of financial technology, digital infrastructure, and green energy.

I had the honour of attending the African Mining Indaba conference in Cape Town earlier this month, alongside a number of high-profile investors, suppliers and other stakeholders from over 40 African countries.

BVI Finance Interim Executive Director Lorna Smith, OBE, shares here views from the 2018 BVI Asia Trade Mission.

In his 2019 Budget Address, our recently elected Premier, the Honourable Andrew A. Fahie, said that defending and promoting the BVI’s international business and financial sector was “more than just an economic priority – but almost a moral obligation.”