Local News
Premier Calls for Swift Passage of Police Amendment Bill to Combat Money Laundering
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Premier Dr Natalio D. Wheatley, addressing the First Sitting of the Second Session of the Fifth House of Assembly on Tuesday, January 7, made a passionate appeal for the swift passage of the Police Amendment Bill 2024. The bill, first introduced last December, aims to rectify critical deficiencies in the British Virgin Islands’ legal framework, particularly concerning money laundering investigations and international cooperation.
Premier Wheatley emphasised the importance of compliance with recommendations from the Caribbean Financial Action Task Force (CFATF). “While these ratings are an indication of our commitment and diligence to satisfying our obligations, they also point out the need for further enhancement of our legal framework,” he stated.
He highlighted specific areas requiring urgent reform, including the investigative powers of law enforcement and the ability to effectively combat financial crimes. He pointed to gaps in recommendation thirty-one and immediate outcomes seven and eight of the CFATF Mutual Evaluation Report (MER).
“The MER discloses that our policing framework lacks the advanced investigative techniques necessary for confronting complex investigations such as controlled deliveries and undercover operations,” Premier Wheatley said. He underscored the need to empower law enforcement with tools for production, search, and seizure, not only for domestic cases but also for international cooperation.
“These amendments are vital to reinforcing our legal framework, enhancing cooperation among domestic and international agencies, and aligning our strategic initiatives with international standards and global best practices,” he added.
Premier Wheatley also reflected on the territory’s historical reputation for peace and low crime rates, contrasting it with current challenges. “Madam Speaker, we all grew up in a Virgin Islands which was peaceful. You could go several years without even having one murder,” he said. Despite recent upticks in crime, he maintained, “We are still relatively low crime.”
He criticised those seeking to politicise the bill, stressing its urgency and importance. “I would not return this new session for a second and third reading unless it was of the utmost urgency,” he declared.
The bill introduces sections 30(5)(b) and 30(5)(c), aimed at bolstering law enforcement’s effectiveness in combating financial offenses and ensuring compliance with international standards. These provisions are designed to enable the confiscation of criminal proceeds, facilitate the return of stolen assets, and deny criminals the benefits of their illegal activities.
“By equipping our law enforcement with the necessary powers and tools to thoroughly investigate and prosecute money laundering offenses, we are not just fulfilling our international obligations but creating an environment that allows for the proper detection and punishment of criminal activities,” the Premier said.
He closed his remarks with a call for collective action to protect the territory’s reputation as a secure financial center. “We must act resolutely to increase our compliance ratings, address the deficiencies identified in the Caribbean Financial Action Task Force Report, and maintain the Virgin Islands’ reputation as a secure and stable financial center,” he urged.
The Police Amendment Bill 2024 is expected to undergo its second and third readings in the coming weeks, with hopes of swift passage to address the pressing legal and policing challenges facing the territory.
International
Cuba Joins BRICS: A Power Shift That Could Reshape Global Alliances
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Cuba has taken a bold step onto the global stage by joining BRICS as a partner country, a move that could shift economic and political dynamics in Latin America and beyond. This status, granted following the 16th BRICS Summit in Kazan, Russia, in October 2024, allows Cuba to engage with the group’s initiatives and benefit from its economic influence without holding full membership. The decision underscores BRICS’ expanding reach as it seeks to counterbalance Western financial institutions and foster stronger ties among developing nations.
Cuba was among 13 nations invited to become BRICS partner countries, signalling the bloc’s continued efforts to reshape global economic structures. While not yet a full member, Cuba’s closer alignment with BRICS could bring significant financial relief by opening avenues for investment and trade. The group’s economic powerhouses—China, India, Brazil, Russia, and South Africa—could provide much-needed capital to revitalise Cuba’s struggling economy, potentially helping the island navigate long-standing US sanctions.
One of the most immediate benefits for Cuba would be increased trade opportunities. With major BRICS economies looking to expand their influence, Cuba stands to gain from enhanced cooperation in key sectors such as energy, technology, and agriculture. China and Russia, already close allies of Havana, are expected to deepen their economic engagement, potentially reducing Cuba’s dependence on traditional trading partners. Additionally, BRICS’ efforts to develop alternative financial systems independent of the US dollar could provide Cuba with new mechanisms to bypass US-imposed restrictions.
For BRICS, Cuba’s inclusion strengthens its foothold in Latin America. With Brazil already a member, bringing Cuba into the fold reinforces the bloc’s presence in the region and challenges the influence of Western institutions such as the International Monetary Fund and World Bank. Cuba’s longstanding role in promoting South-South cooperation aligns with BRICS’ mission to offer developing nations an alternative to Western-led economic structures.
However, Cuba’s partnership with BRICS is not without risks. Increased economic ties with the bloc could escalate tensions with the United States, which has maintained a decades-long embargo against Cuba. Washington may view this development as a strategic challenge, potentially leading to stricter sanctions or diplomatic countermeasures. Such actions could complicate Cuba’s economic recovery, particularly if the anticipated benefits of BRICS integration take time to materialise.
Domestically, BRICS engagement could push Cuba towards economic reforms. While Havana is unlikely to abandon its socialist model, the need to attract foreign investment may prompt shifts towards market-friendly policies, similar to those adopted by China and Vietnam. BRICS-backed projects could modernise Cuba’s infrastructure, boost its tourism industry, and unlock the potential of its key mineral exports, including nickel and cobalt. The country also possesses offshore oil reserves, though exploration has so far been limited.
Despite the opportunities, challenges remain. Unlike resource-rich nations such as Saudi Arabia or the UAE, which were among those invited to join BRICS as full members, Cuba’s economic contributions to the bloc may be limited. The island continues to grapple with inflation, supply shortages, and structural inefficiencies, raising questions about how effectively it can integrate into BRICS initiatives.
Ultimately, Cuba’s engagement with BRICS represents a strategic gamble—one that could provide economic relief and bolster the bloc’s influence in Latin America but also provoke resistance from the US and its allies. Success will depend on Cuba’s ability to leverage its new partnerships while navigating the geopolitical complexities that come with them.
Local News
Sea Cow’s Bay Basketball Club to Host MLK Jr. District 3×3 Tournament This Weekend
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The Sea Cow’s Bay Basketball Club, in collaboration with the BVI Olympic Committee, is set to host the MLK Jr. District 3×3 Basketball Tournament this Saturday, February 16, at the Multipurpose Sports Complex. The event, which runs from 1 PM to 6 PM, will feature the U13 and U16 age groups, with teams from across the territory encouraged to participate.
This tournament provides an exciting opportunity for the youth of the BVI to showcase their basketball talent while honoring the legacy of Dr. Martin Luther King Jr. The competition will see local teams from the District 3 (D3) and beyond battle it out in a fast-paced 3×3 format.
Public admission to the event is $2.00, and the registration deadline for all teams is February 13. Players can sign up by contacting Mr. Milton McLean at 542-0555.
In addition to the tournament, awards will be presented to the Champions in each division of the Holiday District Tournament, which was held in December.
The U17 category of the Holiday District Tournament saw the D3 team, made up of Jhustin Disla, Twari Samuel, and J’lun Ramirez, go undefeated, winning all four of their games to claim the title. Disla and D2’s Zion Phillip were named co-MVPs. In the U13 category, Money Jr., representing D7, with Steven Walters Jr., Zayden McIntosh, and Anthony Baker, also claimed victory, winning every game they played. Walters was named the MVP for his outstanding performance.
The MLK Jr. District 3×3 Tournament promises to be an action-packed event for basketball fans, with local talent set to shine on the court.
Whether you’re cheering for your local team or simply enjoying the sport, this tournament will be an excellent display of the BVI’s young basketball players and their commitment to the game.
Be sure to come out, support the teams, and enjoy the fast-paced action this weekend.
Entertainment
Drive-In Movie Night: A Double Feature Under the Stars
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Grab your friends, family, and some popcorn for a night of unforgettable entertainment under the stars! The Rotary Club of Road Town is hosting a Drive-In Movie Night on Saturday, March 8, at the Skelton Bay Lot (Behind Parts & Power), promising a double feature event that will have something for everyone.
The evening kicks off at 6 PM with the much-anticipated Inside Out 2, followed by the action-packed Gladiator 2 at 8:30 PM. Whether you’re in the mood for a heartwarming animated adventure or an epic historical drama, this event has it all!
Ticket Information
- $25 per car (purchase tickets in advance or at the door)
- Food & drinks will be available for purchase on-site, ensuring you’re fuelled up for a fun night out.
This community event is an opportunity to come together for a night of fun, laughter, and cinema—all while supporting the Rotary Club of Road Town and its ongoing efforts in service to the community. The Rotary Club’s commitment to Peacebuilding and Conflict Resolution will be highlighted throughout the event, aligning with their District 7020 focus on fostering goodwill in the region.
Ticket Sales Locations:
- Body Glam
- Sotheby’s International
- Flow
Whether you’ve got a classic vehicle or a new ride, the Drive-In Movie Night is a perfect way to enjoy a night out with loved ones, all while supporting the local community and the good work of the Rotary Club of Road Town.
Don’t miss out—mark your calendars and join us for a night of cinematic fun!
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