The Virgin Islands Government is pleased to share significant updates on the implementation of its National Action Plan. 

Honourable Lorna Smith, OBE, Minister for Financial Services, Labour and Trade is scheduled to address a group of Compliance professionals at the Caribbean Regional Compliance Association (CRCA) Conference in St. Maarten on the October 17, 2024.

The BVI financial services sector gathered on October 5 for the second session of the Collaboration & Commitment: Advancing Financial Services in the Virgin Islands series. This seminar brought together over 150 industry professionals to address critical issues related to institutional risk assessments, compliance, and emerging trends in the sector.

Residents of Anegada are being notified that Deputy Premier and Minister for Financial Services, Labour and Trade, Honourable Lorna Smith, OBE will hold office hours at her Constituency Office in The Settlement, Anegada on Saturday, 4^th October, 2024, between the hours of 10:00 a.m. and 4:00 p.m.

The Government of the Virgin Islands has appointed five members to the Micro, Small, and Medium Enterprise (MSME) Grant Selection Committee. 

The National AML/CFT Coordinating Council (“NAMLCC”) remains steadfast in its mission to protect the Virgin Islands from the evolving threats of money laundering (“ML”), terrorist financing (“TF”), and proliferation financing (“PF”). In pursuit of this objective, NAMLCC continues to make significant strides in safeguarding the financial and security landscape of the Virgin Islands.

The Ministry of Financial Services, Labour, and Trade has officially appointed new members to the governing Board of Commissioners of the British Virgin Islands Financial Services Commission.

Good Afternoon,

As the Premier has said, the purpose of the mission to London was to meet members of the new Labour led Parliament and Government. Given the importance of Climate Change to this territory, we took the opportunity to meet climate change and climate finance experts in the public and private sector, officials in key government departments and the private financial services sector.

I am pleased to now make a few comments about the Value of the visit in relation to our financial services industry. 

The Government of the Virgin Islands, through the Ministry of Financial Services, Labour and Trade, has opened applications for the Micro, Small, and Medium Enterprises (MSME) Grant Programme.

The Government of the Virgin Islands has launched a Small Business Development Grant Programme to empower local entrepreneurs and stimulate economic growth.