“The Virgin Islands Banking Board has approved a permit for Oriental Bank to organize a bank in the Territory subject to three special conditions as considerations of the permit approval,” said Lt. Governor Roach, Chairman of the Virgin Islands Banking Board. As conditions of the permit, Oriental Bank must: 1) Preserve the severance...
LIEUTENANT GOVERNOR ROACH ANNOUNCES AUGUST 15, 2019 INSURANCE LICENSING EXAM ON ST. CROIX
Lieutenant Governor Tregenza A. Roach, Esq. announces that the Division of Banking, Insurance & Financial Regulation will administer the insurance licensing exam on Thursday, August 15, 2019 at 10:00 a.m. at the Office of the Lieutenant Governor, Division of Banking, Insurance & Financial Regulation, 1131 King Street, St. Croix....
LIEUTENANT GOVERNOR ROACH INFORMS ORIENTAL BANK OF REGULATORY PROCESS FOR BANKING INSTITUTIONS
As Chairman of the Virgin Islands Banking Board, Lieutenant Governor Tregenza A. Roach has written to the President and CEO of Oriental Bank, after learning of the acquisition of Bank of Nova Scotia’s U.S. Virgin Islands operations, to apprise the bank of the requirements to do business in the Territory. In his letter sent on July 2, 2019,...
LIEUTENANT GOVERNOR ROACH REMINDS CUSTOMERS OF DEADLINE TO FILE FRANCHISE TAXES
Lieutenant Governor Tregenza A. Roach, Esq. reminds the public of the deadline to file franchise taxes for corporations (profit and non-profit), partnerships (limited partnerships, limited liability partnerships, limited liability limited partnerships), and limited liability companies using the Division of Corporations and Trademarks online...
EMANCIPATION DAY MESSAGE FROM LIEUTENANT GOVERNOR TREGENZA A. ROACH
July 3, 2019 marks the 171st Anniversary of the Emancipation of enslaved African people in the Danish West Indies. It is a celebration of the ancestors who demanded their freedom after centuries of oppression under the most inhuman conditions. The celebration of Emancipation Day, July 3, 1848, is an intrinsically beautiful celebration of...