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News

May 13th, 2024
Deputy Premier wants swift resolution to issues affecting Republic Bank’s customers

ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith, OBE has said the Government of the [British] Virgin Islands is aware of recent developments at Republic Bank (BVI) Limited, which resulted in the withdrawal of funds from several customer accounts.

October 4th, 2021
Pandora Papers: VI among financial services jurisdictions breached

ROAD TOWN, Tortola, VI- In what has been described as one of the biggest leaks of financial documents, the Pandora Papers has exposed the secret wealth and dealings of world leaders, politicians and billionaires.

May 12th, 2021
$2.3M collected from 7% money transfer services fee so far- Premier Fahie

DUFF'S BOTTOM, Tortola, VI- Figures released during the Eighth Sitting of the Third Session of the Fourth House of Assembly (HoA) at Save the Seed Energy Centre in Duff's Bottom on May 11, 2021, by Premier and Minister of Finance Honourable Andrew A. Fahie (R1), shows that the 7% fee on money transfer services in the Virgin Islands has brought in over $2.3 Million to government.

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