The External Relations Department of the International Monetary Fund has released the Communique (see link to full text below) approved following a meeting of the International Monetary and Financial Committee … Read More
Author: @BahamasFSB
G7 Finance Ministers Meet
US Treasury Secretary John Snow hosted G7 Ministers and Central Bank Governors at a joint meeting today in Washington, D.C. The April 23-24 meeting of the ministers and governors coincides … Read More
OECD Principles of Corporate Governance
**OECD Countries Agree New Corporate Governance Principles** In Paris today, the Organisation for Economic Cooperation and Development (OECD) announced that the governments of its member countries have approved a revised … Read More
OECD Forum 2004
The OECD FORUM 2004 will be held May 12-13 at the Centre de Conférences Internationales, in Paris. This year’s theme is “Health of Nations”, with sessions addressing aspects such as … Read More
AML Co-operation
**Edward Smith, Acting Director Bahamas Financial Intelligence Unit** **The Bahamas and Australia Agree To Co-operate In The Fight Against Money Laundering** The Bahamas and Australia have signed a Memorandum of … Read More
Excellent Rating for RoyalStar
RoyalStar Assurance has received an A- (Excellent) Financial Strength rating from A.M. Best, the international rating agency. This rating reportedly was based on the company’s improved capital levels and earnings … Read More
SCB Issues AML Guidelines
**Hillary H. Deaveaux Acting Executive Director Securities Commission of The Bahamas** The Securities Commission of The Bahamas, in collaboration with industry participants, seeks to promote and encourage the maintenance of … Read More
Global Financial Stability Report Released
The International Monetary Fund today released the latest *Global Financial Stability Report* (GFSR). The 228-page document includes an Overview, and Chapters dealing with Global Financial Market Developments, Risk Transfer and … Read More
Securities Industry: Educational Requirements for Market Participants
The Securities Commission of The Bahamas has approved the following minimum educational requirements for individuals to qualify as Stockbrokers and Securities Investment Advisors in The Bahamas which, once gazetted, shall … Read More
Ansbacher: Banking & Securities Operations Transferred to The Bahamas
This past week the Ansbacher Group announced changes in the services now provided from its Cayman and Bahamas locations. The Group reported that existing banking and securities operations in Cayman … Read More