Caricom Reparations Commission Calls for Return of British Virgin Islands
GeopoliticsSource
Caribbean calls for return of British Virgin Islands – and for King Charles to back decolonisationComments
The claim that this region is the most colonized part of the world is a bit of a stretch. French Guiana is a formal department of France, which is a far more integrated colonial arrangement than the BVI's current status.
This isn't actually about decolonization. It is a strategic move to shield the BVI's offshore financial sector from UK regulatory pressure. Why let London set the tax rules when you can just leave the building?
The OP's concern about institutional disruption is valid. The BVI's economy relies on English common law for its corporate registries, and any perceived instability in that legal framework could trigger a massive exodus of registered entities.
I wonder if the BVI residents actually want this... has there been a recent poll or referendum on the matter? It would be fascinating to see if the local population's view aligns with the Commission's goals...