Beautiful Virgin Islands

Thursday, Jul 24, 2025

BVI adopts UK’s sanctions on Russia for attacking Ukraine

BVI adopts UK’s sanctions on Russia for attacking Ukraine

Following the imposition of sanctions by the United Kingdom’s government on Russia for the military invasion of Ukraine last week, Governor John Rankin announced that the sanctions would take effect in the Virgin Islands as well.
“The UK has introduced the largest and most severe package of sanctions ever imposed on Russia. Those sanctions will also be applied in the BVI, cutting off access by Putin and the Russian banks to international finances. In addition, all aircraft owned, operated or chartered by a person connected with Russia or registered in Russia is banned from flying in the air space of the Virgin Islands”, Governor Rankin said in a statement.

The governor also called the assault on Ukraine an unprecedented and premeditated attack against a sovereign democratic state.

“We must all stand united in condemning the Russian Government’s reprehensible actions, which are a fundamental violation of international law and the UN Charter,” the governor said.

“The Ukrainian flag is flying at the Governor’s Office, and we offer our full support to Ukrainian people living in the Virgin Islands, and to their families back in Ukraine. Our thoughts and prayers remain with the people of Ukraine,” Rankin continued.

Meanwhile, the Virgin Islands government also released a statement on the conflict highlighting the ripple economic impacts it may have on the territory. The statement cautioned residents to be mindful of these impacts and how they may disrupt the local industries and economy, which depend on international travel, commerce and trade.

“Residents would no doubt be aware that various countries have issued sanctions against Russia. Sanctions issued by the UK against Russia apply in the Virgin Islands in the same form and rigour as in the UK itself. As such, participants in our financial services sector are being kept abreast of these sanctions and all updates to the consolidated list of sanctioned persons and entities,” the statement read.

“Where any requests for international cooperation is received, we also stand ready to execute these, such as where sharing of beneficial ownership information with overseas law enforcement can be facilitated in a little as one hour, if requested, under the Exchange of Notes with the United Kingdom Government,” it continued.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
Trump Announces $550 Billion Japanese Investment and New Trade Agreements with Indonesia and the Philippines
US Treasury Secretary Calls for Institutional Review of Federal Reserve Amid AI‑Driven Growth Expectations
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Severe Flooding in South Korea Claims Lives Amid Ongoing Rescue Operations
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
CEO Resigns Amid Controversy Over Relationship with HR Executive
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
Google Secures Windsurf AI Coding Team in $2.4 Billion Licence Deal
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
South African Police Minister Suspended Amid Organised Crime Allegations
Nvidia CEO Claims Chinese Military Reluctance to Use US AI Technology
Hong Kong Advances Digital Asset Strategy to Address Economic Challenges
Australia Rules Out Pre‑commitment of Troops, Reinforces Defence Posture Amid US‑China Tensions
Martha Wells Says Humanity Still Far from True Artificial Intelligence
×