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Opposition Will Hold New Government Accountable Promises Ronnie Skelton

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Opposition Leader and Chairman of the Progressive Virgin Islands Movement (PVIM) Ronnie Skelton has promised that the opposition, which includes the National Democratic Party (NDP) and Progressives United (PU), will keep the new government accountable over the next four years.

At a joint PVIM, NDP, PU press conference held today, April 27, in Tortola, Skelton said the opposition will use their collective knowledge to serve the people of the British Virgin Islands in the Fifth House of Assembly.

He was officially sworn in this afternoon as Opposition Leader by Governor John Rankin.

“We will keep the government of the day accountable to ensure good government is carried out. We also will ensure that you are represented, your voices are heard. We’re excited to serve the people of the Virgin Islands and we will use our collective knowledge and experience to do so effectively.”

No party won enough seats to form a majority government at the end of election day on April 24.

VIP secured six seats – Karl Dawson in the First  Electoral District, Luce Hodge-Smith in the Fourth  Electoral District, Kye Rhymer in the Fifth Electoral District, Chairman Natalio Wheatley in the Seventh Electoral District and Vincent Wheatley in Ninth Electoral District.  Sharie De Castro won one of the four Territorial-At-Large.

PVIM won three seats in the House of Assembly – Mitch Turnbull returned as Second Electoral District Representative and Skelton and Stacey ‘Buddha’ Mather won two of the four Territorial-At-Large seats.

NDP won three seats – Myron Walwyn in the Sixth Electoral District and Marlon Penn in the Eight Electoral District. Lorna Smith won one the four Territorial-At Large seats.

And, PU Chairman Julian Fraser was re-elected as the Third Electoral District Representative.

Many expected PVIM, NDP and PU to form a coalition government, but less than 24-hours after results were announced, NDP’s Smith crossed the floor and joined the VIP.

VIP Chairman Natalio Wheatley returned as Premier of the territory, while former First Lady Smith is now the Deputy Premier.

Skelton thanked PVIM supporters for putting their trust in the party’s vision for the territory.

““Thanks for your votes. We are very grateful for your trust in us. We believe that integrity  matters and it’s something that we hold dear,” he said.

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British Virgin Islands Regulators Move to Wind Down Bank of Asia (BVI) Limited

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Regulators in the British Virgin Islands (BVI) have begun the process to wind down operations of Bank of Asia (BVI) Limited, officials announced on Thursday. The Virgin Islands Deposit Insurance Corporation (VIDIC), in collaboration with the British Virgin Islands Financial Services Commission (the Commission), stated that the decision was taken to protect depositors and ensure stability in the Territory’s banking sector.

“Our remit is to provide protection for depositors against the loss of insured deposits placed within member institutions,” said VIDIC CEO Mrs. Lisa Violet. “We are committed to ensuring that consumers using banks in the BVI are protected. We will provide updates on this process as developments warrant.”

The Commission, the regulatory authority established under the Financial Services Commission Act of 2001, emphasized the need for the action. “The banking sector in the BVI remains stable, strong, and resilient,” said Managing Director/CEO Mr. Kenneth Baker. “We remain committed to lending maximum support to VIDIC as per our statutory obligations.”

The move to wind down Bank of Asia (BVI) Limited follows the guidelines and legal framework set by the Virgin Islands Deposit Insurance Act, which was passed in January 2024. The Act established VIDIC as an independent statutory body tasked with protecting depositors and strengthening the financial system in the Territory.

The British Virgin Islands Financial Services Commission oversees a wide range of financial activities in the Territory, including banking, insurance, fiduciary services, investment business, and the registration of companies and intellectual property. The Commission’s role is to ensure that financial services are well-regulated, transparent, and aligned with international best practices.

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BVI Leads Launch of Caribbean Sustainable Development Network

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The British Virgin Islands, in coordination with 16 Caribbean governments, has formalised the establishment of a new regional body to strengthen cooperation on sustainable development.

The Caribbean Subregional Sustainable Development Network (CSSDN) was launched following a virtual debriefing of the Eighth Meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development. The network is expected to facilitate more structured collaboration among governments implementing the 2030 Agenda for Sustainable Development.

“The CSSDN creates a dedicated space for Caribbean countries to coordinate and engage on sustainable development issues that matter most to our region,” said Mr Benito Wheatley, Special Envoy of the British Virgin Islands and Vice Chair of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), who chaired the session. Wheatley was selected to serve as Interim Chair of the new network.

Ms Latoya Clarke, Programme Director and SDG Focal Point at the Planning Institute of Jamaica, was named Interim Vice Chair.

The initiative was convened by the Government of the British Virgin Islands with technical support from ECLAC. It is also intended to support the Caribbean Development and Cooperation Committee (CDCC) and provide a framework for consistent dialogue with the broader United Nations system.

Participants received updates on key sustainable development topics from various UN agencies during the meeting, including a progress report on the Antigua and Barbuda Agenda for SIDS (ABAS) by the United Nations Department of Economic and Social Affairs’ (UN DESA) SIDS Unit.

Mr Sainivalati Navoti, Chief of the SIDS Unit, was joined by Ms Emanuela Calabrini, Senior Sustainable Development Officer, and Ms Anya Ihsan Thomas, Sustainable Development Officer, in delivering the report.

Mr Abdullahi Abdulkadri, Coordinator of the Statistics and Social Development Unit at ECLAC, and Mrs Diane Quarless, Chief of ECLAC’s Subregional Headquarters for the Caribbean in Port of Spain, presented on the outcomes of the forum and the status of the Sustainable Development Goals (SDGs) across the Caribbean.

Economic strategy was also addressed through a presentation on productive development policy by Mr Paul Wander, Economic Affairs Officer from ECLAC’s Division of Production, Productivity and Management.

At the close of the meeting, participants recognised Mrs Diane Quarless for her contributions to Caribbean sustainable development as she prepares to conclude her term as Chief of ECLAC’s Caribbean Subregional Headquarters.

The meeting included representatives from Anguilla, Aruba, Barbados, The Bahamas, Belize, Bermuda, the British Virgin Islands, Cayman Islands, the Dominican Republic, Curaçao, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Sint Maarten, and Suriname.

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Chantel Malone Leaps to First Place Amid Headwinds at Tucson Elite Classic:

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Chantel Malone of the British Virgin Islands secured first place in the women’s long jump at the Tucson Elite Classic with a leap of 6.43 meters (21 feet 1¼ inches). The event marked Malone’s third meet of the season, following jumps of 6.63 meters in Miami and 6.58 meters in Atlanta.

“Going into Tucson, I was focused on execution,” Malone said. “I’ve been having a little bit of trouble with my approach, so I really wanted to lock in and get that right. Unfortunately, we had a strong headwind, so it made it difficult to be consistent on the board.”

Despite the challenging wind conditions, Malone expressed confidence in her progress and readiness for the rest of the season. “I don’t think the actual results are a true depiction of where I am physically,” she explained. “Long jump is such a technical sport that the simplest thing can affect the overall jump. Once I connect the dots, I truly believe I will fly.”

Malone is no stranger to overcoming adversity. After a knee injury that required surgery, she has worked to reestablish herself in the international long jump scene. Reflecting on her journey, she added, “As you know, my journey back to sport after injury has been one for the books! I’m just living proof that if you truly believe in yourself and work relentlessly towards your goal, anything is possible. That’s what I hope my journey inspires in others.”

Looking ahead, Malone plans to prioritize health and rediscover her rhythm. “For the rest of the season, the goal is to get back to being me,” she said. “Having fun with the sport. Trusting Jehovah fully. Conquering goals! I think this season should be great once I stay healthy.”

Malone continues to build on her performances as she competes in events across the 2025 season.

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