Today's announcement provides certainty and stability for the Territory's financial services industry, which is operationally independent, meets the highest international regulatory standards, and continues to offer quality products and services around the globe.
Speaking at the press conference, the BVI Governor H.E John Rankin stated clearly that the COI was not an investigation into the BVI's financial services sector, which he reaffirmed "continues to comply with the best international standards."
The BVI's financial services industry has demonstrated strong growth in recent years despite the challenges of the global pandemic. As such, we are confident in the continued success and growth of the BVI as a leading global financial centre, with an established international talent pool, robust regulatory bodies, and unrivalled products and services.