In speaking at the official opening of Lennox Paton’s London Office last month, Central Bank Governor Julian Francis said *”As a Bahamian financial services practitioner, I am deeply grateful to your firm for having taken this step.”*. Governor Francis has encouraged Bahamian firms to establish a presence in the largest financial centres, to offer clients and potential business associates easy access to Bahamian professionals.

The Governor saw the move by Lennox Paton to compete and build new business in a highly competitive market as a symbol of an important new phase in the maturity of the Bahamas as a financial centre. He pointed out that The Bahamas is home to many of the world’s major banking and financial services institutions — a large number of European origin — and boasts a high level of accountants and attorneys per capita.