BVI regulators begin process to wind down operations of Bank of Asia (BVI) ltd

By Caribbean News Global TORTOLA, BVI – The Virgin Islands Deposit Insurance Corporation (VIDIC) with the cooperation of the British Virgin Islands Financial Services Commission (the Commission) on May 29, took necessary action to wind down operations of Bank of Asia (BVI) Limited. The decision is based on established legal and regulatory frameworks to protect depositors … Continue reading BVI regulators begin process to wind down operations of Bank of Asia (BVI) ltd