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British Virgin Islands: Money Laundering

Asked by Jack RankinConservativeForeign, Commonwealth and Development OfficeTabled Answered 7 January 2026UIN 102330

The question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment her Department has made of the adequacy of the (a) compliance of the British Virgin Islands in tackling illicit finance, sanctions evasion and corruption and (b) measures that Territory has implemented in those areas.

Answered by Stephen Doughty

The UK is committed to supporting our Overseas Territories (OTs) - including the British Virgin Islands and other Caribbean partners - to tackle a range of regional challenges, including violent crime, illicit finance and organised immigration crime.

Since July 2024, the UK has provided over £20 million in security support to the Caribbean OTs, including armed police and investigators to support OT police forces, new patrol vessels, coastal radar systems, and police drones.

Details of our latest discussions with the OTs at the Joint Ministerial Council were set out on GOV.UK on 28 November 2025, and can be found here: https://www.gov.uk/government/publications/uk-and-overseas-territories-joint-ministerial-council-2025-communique

I most recently discussed regional security issues with Caribbean OT Premiers and Governors on 6 January 2026 and we continue to work with them closely. I work closely with Ministers across His Majesty's Government to deliver on UK responsibilities to Caribbean OTs, through our OT Ministerial Security Board and regular ministerial and official level discussions.

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