BVI Finance has unveiled its new name and is now BVI Finance Ltd (BVIFL) which completes its transition to a private company.

The Territory's role in the world economy was recently highlighted at the Global Tax Transparency Summit at the House of Commons of the UK Parliament.

The British Virgin Islands (BVI) is hosting a regional conference on the “Current Developments in International Taxation and the Impact on Caribbean Jurisdictions” on 13 December, 2016.

BVI Finance launched its 2017 to 2020 marketing and business development strategy at a private event at Maria’s by the Sea on 23 November, 2016.

The International Tax Authority of the Government of the Virgin Islands is advising the public that Guidance Notes for the Common Reporting Standards (CRS) have been updated.

Local lawyer, Ms. Vanessa King of O’Neal Webster, has been awarded the ninth STEP Founder’s Award for Outstanding Achievement. 

Last week, the International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL), hosted its Fourth Caribbean Offshore Seminar in the British Virgin Islands (BVI) to explore the many different aspects of the offshore region that make it an integral part of the cross-border insolvency and restructuring landscape.

The Government of the Virgin Islands has officially launched the study of Caribbean Advanced Proficiency Examination (CAPE) Financial Services Studies.

The Government of the British Virgin Islands has today announced that the independent regulator, the Financial Services Commission (FSC), has issued an enforcement action against Mossack Fonseca & Co (B.V.I) Limited that sees the firm fined $440,000 for its contravention of numerous sections of the Anti-Money Laundering and Terrorist Financing Code of Practice and BVI Regulatory Code.

The BVI International Arbitration Centre, (BVI IAC) will host a soft launch on 16 November 2016.