The Financial Action Task Force has released its 2004-2005 NCCT Review, including an update on The Bahamas. Referencing the comprehensive anti-money laundering measures undertaken by The Bahamas post 2000 and … Read More
Author: @BahamasFSB
2005/06 National Budget
The Government has presented its 2005/06 Budget to the House of Assembly, with parliamentary debate expected over the coming weeks. The Budget Communication focused on “matters of national strategic importance”, … Read More
National Information and Communications Framework
In its 2005/2006 Budget Communication to Parliament, the Government forecast the establishment of an NIC framework – in part to address the recognised challenge of ensuring the nation’s human and … Read More
Targeting Small Business Entrepreneurs
**Sen. the Hon. James Smith** The Bahamas Venture Capital Fund has been launched by Minister of State for Finance James Smith. Established as a vehicle to assist small Bahamian entrepreneurs, … Read More
Global Networking
**Hon. Allyson Maynard-Gibson, M.P.** Minister of Financial Services and Investments, the Hon. Allyson Maynard-Gibson maintains that globalisation is a process in which Bahamians have participated successfully for at least four … Read More
FATF Plenary to Meet in Singapore
The Financial Action Task Force (FATF) will meet in Plenary on June 8-10, in Singapore. During the upcoming Plenary, the FATF will maintain its focus on Non-Cooperative Countries and Territories … Read More
Ensuring Business Recovery
**Michael Halkitis, M.P. Parliamentary Secretary, Ministry of Finance** Presenting Opening Remarks at BFSB’s recent **Business Continuity Planning (BCP)** forum, Mr. Michael Halkitis pointed to The Bahamas’ reputation as a top … Read More
OECD Ministerial Council Meeting
The Organisation for Economic Cooperation and Development (OECD) has concluded its latest Ministerial Council Meeting, under the chairmanship of Sweden. Topics on the agenda included: • Enabling Globalisation • The … Read More
FirstCaribbean exceeds US$4 billion Loan Mark
FirstCaribbean International Bank has passed the US $4 billion loan mark in total lendings to its personal and business customers. Chief Executive Officer of FirstCaribbean International Bank, Charles Pink, congratulated … Read More
Insurance Group Focuses on Customer Service
**Richard Adderley, IIB President** The Insurance Institute of the Bahamas (IIB) has a new Executive Council, appointed for the year 2005-2006. President Richard Adderley welcomes the following Officers and Council … Read More