FOR IMMEDIATE RELEASE REGULATORS IN BRITISH VIRGIN ISLANDS BEGIN PROCESS TO WIND DOWN OPERATIONS OF BANK OF ASIA (BVI) LIMITED Tortola, British Virgin Islands – 29 May 2025 – Today,...
The Ministry of Finance is proud to announce the establishment of the Virgin Islands Deposit Insurance Corporation (VIDIC), a crucial step towards enhancing financial security for depositors within the Territory....
Madam Speaker, In 2016, the House of Assembly passed the Virgin Islands Deposit Insurance Act, which sought to establish the Virgin Islands Deposit Insurance Corporation (VIDIC) and a Deposit Insurance Fund to provide, inter...
The Ministry of Finance is proud to announce the establishment of the Virgin Islands Deposit Insurance Corporation (VIDIC), a crucial step towards enhancing financial security for depositors within the Territory....
The statutory framework of BVI Financial Services Commission’s (the Commission) co-monitoring partner – the Virgin Islands Deposit Insurance Corporation (VIDIC), has now been solidified with the Cabinet’s approval of the...