BVI Finance welcomes today's announcement from the UK Government that it will 
work in collaboration and partnership with the newly-formed British Virgin 
Islands (BVI) Government of National Unity to implement reforms as recommended 
by the Commission of Inquiry (COI) Report, without direct rule from London. 
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.

Source:  BVI Finance