AGP Executive Report
Last update: 4 hours agoElection Watch: Former Speaker Julian Willock says he’ll contest the upcoming Virgin Islands general election, insisting he won’t run against District Three Rep/Deputy Premier Julian Fraser while positioning himself as the next candidate. Anti-Money Laundering: Nepal remains on the FATF “grey list” after weak progress on anti-money laundering and terrorist financing controls, with FATF citing gaps in investigations, supervision, and hawala oversight. BVI Finance & Markets: Psalion launched Psalion Lend, a multi-token digital asset-backed lending product for institutions, offering USDC/USDT loans with an option for self-custody of pledged collateral. Marine Development: Nanny Cay Marina’s $30m expansion hit the halfway mark on the south marina breakwater—34,209 tons of rock placed toward a new 112-slip, megayacht-capable facility. Housing Policy: Premier Natalio Wheatley says an affordable housing initiative is coming in the coming weeks, aimed at improving pathways to home ownership via Crown Lands partnerships and other solutions. Local Governance & Costs: The V.I. Bureau of Corrections defended its FY2027 budget, with senators questioning the high cost of housing inmates locally versus off-island options. Tourism & Business: Premier Wheatley argues investor confidence in the BVI remains strong despite the 2022 COI, pointing to major tourism and marina projects continuing to invest.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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