February 23, 2026
February 23, 2026 Ms. Glendina Matthew Director Division of Banking and Insurance Office of the Lieutenant Governor St. Thomas, U.S. Virgin Islands Re: Invitation to Testify – Bill No. 36-0192 Dear Ms. Matthew, As Chair of the Committee on Culture, Youth, Aging, Sports, and Parks, I respectfully invite you to testify during Block II of the Committee hearing scheduled for Friday, March 20, 2026, at the Earle B. Ottley Legislative Hall on St. Thomas. During Block II, the Committee will debate Bill No. 36-0192, the Senior Financial Protection and Promissory Note Abuse Prevention Act of 2025. This legislation establishes reporting requirements, compliance standards, and penalties aimed at protecting seniors from financial exploitation, particularly through the misuse of promissory notes. …
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February 23, 2026 Ms. Glendina Matthew Director Division of Banking and Insurance Office of the Lieutenant Governor St. Thomas, U.S. Virgin Islands Re: Invitation to Testify – Bill No. 36-0192 Dear Ms. Matthew, As Chair of the Committee on Culture, Youth, Aging, Sports, and Parks, I respectfully invite you to testify during Block II of the Committee hearing scheduled for Friday, March 20, 2026, at the Earle B. Ottley Legislative Hall on St. Thomas. During Block II, the Committee will debate Bill No. 36-0192, the Senior Financial Protection and Promissory Note Abuse Prevention Act of 2025. This legislation establishes reporting requirements, compliance standards, and penalties aimed at protecting seniors from financial exploitation, particularly through the misuse of promissory notes. Given the Division of Banking and Insurance’s regulatory oversight of financial institutions operating within the Territory, your perspective regarding implementation, reporting protocols, institutional compliance, and training requirements will assist the Committee in ensuring the bill is both practical and enforceable. Please confirm your attendance and submit written testimony at least 48 hours prior to the hearing. You may designate appropriate staff to accompany you if necessary. Thank you for your continued service to the people of the Virgin Islands. I look forward to your participation. Respectfully, The Honorable Angel Bolques, Jr. Chair, Committee on Culture, Youth, Aging, Sports, and Parks Senator At Large, 36th Legislature of the Virgin Islands Legislature of the Virgin Islands P.O. BOX 1690 ST. THOMAS, U.S. VIRGIN ISLANDS 00802 (340) 693-3571 CHAIRMAN Committee on Culture, Youth, Aging, Sports & Parks VICE-CHAIRMAN Committee on Economic Development & Agriculture MEMBER Committee of the Whole Committee on Rules & Judiciary Committee on Homeland Security, Justice & Public Safety Committee on Disaster Recovery, Infrastructure & Planning Sub-Committee on Energy & Infrastructure Development The Honorable Angel Bolques, Jr. Senator-At-Large 36th Legislature of the Virgin Islands