Without broad-based commitment and support, many key initiatives have little hope of succeeding. Changes to immigration and labour policies, for example, will be challenging without the support of our people. While the financial services industry drives so many BVI finance jobs and much economic activity in the BVI, it is unclear whether our population appreciates its impact on our lives and, consequently, the importance of initiatives to preserve the sector. A comprehensive programme to inform and educate the population on the importance of the financial services industry, BVI finance jobs and the effect it has on our daily lives has been launched to ensure that the financial services industry’s transformation is successful overall.
We will use clear, simple, crisp messages, compelling stories, multi-channel marketing and credible spokespersons to convey the day-to-day positive impact of financial services and motivate them to support the other transformative initiatives.
Over the past 30 years, the British Virgin Islands (BVI) has established itself as global financial service leaders in the provision of financial services, with pre-eminence in company incorporations.
Growth in the related areas of asset management, fiduciary services, fund administration and management together with captive insurance has been significant. Financial Services has become a linchpin of this economy.