The thirty three member body of the Financial Action Task Force (FATF) convened in Plenary Session in Stockholm during October to set global standards in the fight against money laundering … Read More
Author: @BahamasFSB
FATF Counter Measures for Non-cooperative Countries and Territories
In addition to the application of Recommendation 21, the FATF has published further counter-measures which it says *"should be gradual, proportionate and flexible regarding their means and taken in concerted … Read More
Bank of Butterfield Enters The Bahamas
The Bank of N.T. Butterfield & Son Limited has acquired the entire share capital of Leopold Joseph (Bahamas) Limited. This follows the earlier acquisition of the Bahamas-based Thorand Bank & … Read More
BISX: International Player
**BISX Now A Member of IOSCO** At its 28th annual conference held in Seoul, South Korea the International Organisation of Securities Commissions (IOSCO) accepted the Bahamas International Securities Exchange (BISX) … Read More
CFATF Chairmanship Changes Hands
The Hon. Alfred Sears, M.P., Bahamas Attorney General and Minister of Education has completed his year as Chairman of the Caribbean Financial Action Task Force (CFATF). The chairmanship has been … Read More
Professional Development
**Hon. Allyson Maynard-Gibson,M.P. Minister of Financial Services and Investments** As jobs change and re-training is needed at an increasing rate, more and more managers and team leaders not only look … Read More
STEP Calls For End To Blacklists
Last month in Ottawa, the Organisation for Economic Co-operation and Development (OECD) and a group of international finance centres agreed to work on achieving a global level playing field and, … Read More
Bahamas Investment Conference
The Counsellors Limited and the Bahamas Society of Financial Analysts have announced plans for the 5th Annual Bahamas Investment Conference, to be held on November 5, 2003 at the Radisson … Read More
Colina To Acquire Imperial Life Financial
Yesterday, Jimmy Campbell, CEO of the Colina Insurance Company, announced that an agreement was reached on Monday to acquire Imperial Life Financial (Bahamas) from its Canadian parent, Desjardins Financial Security … Read More
Nassau: Headquarters for RBC’s new Administrative Region
**Bahamas Selected as Caribbean Base** Effective November 1, RBC Royal Bank of Canada has combined all of its operations in The Bahamas and the Caribbean into a single administrative region, … Read More