**Awakening to the importance of proper oversight of corporate affairs** A good deal of attention is being given to the issue of corporate governance in financial institutions. Supervisory authorities in … Read More
Author: @BahamasFSB
Insurance Sector Consolidation
Subject to regulatory and corporate approvals, Colina Insurance Company will acquire The Bahamas and Cayman Islands assets of the Canada Life Assurance Company – consolidating its position as the largest … Read More
International Financial Services – US Domestic Institutions
In recent remarks to the Bankers Association for Finance and Trade in Washington, Treasury’s Deputy Assistant Secretary Michael A. Dawson addressed the implementation of the USA PATRIOT Act with respect … Read More
IMF Consultation
The International Monetary Fund (IMF) has issued a Public Information Notice (PIN) on the conclusion of its 2003 Article IV Consultation with The Bahamas. Under Article IV of its Articles … Read More
Nominations Invited for 2003 BFSB Industry Awards
**Financial Centre Focus Programme** The Bahamas Financial Services Board (BFSB), in collaboration with some 12 Professional Industry Associations, launched a Financial Centre Focus programme two years ago. FCF was designed … Read More
IRS Regulation Hinders Anti-Money Laundering?
The Washington-based Center for Freedom and Prosperity (CFP) Foundation yesterday released a study which claims the proposed IRS interest-reporting regulation (REG-133254-02) will make it harder to investigate and prosecute financial … Read More
New US Financial Investigations Initiatives
Mr. Tom Ridge, U.S. Secretary of Homeland Security, has unveiled comprehensive new programmes designed to protect U.S. financial systems from criminal exploitation. Speaking at the New York Federal Reserve earlier … Read More
30th Anniversary of Bahamian Independence
***”Happy Anniversary, BAHAMAS!!”*** Thirty years of progress and development……and counting. The Bahamian Flag The Board of Directors and members of the Bahamas Financial Services Board (BFSB) join with all Bahamians … Read More
Tax Competition Forum
The Washington-based Center for Freedom and Prosperity will hold its third in a series of Tax Competition Forums in the Caribbean and Latin America on July 15, 2003. This Seminar … Read More
Regional Heads of Government Meet In Jamaica
Prime Minister Perry G. Christie leads a team of Bahamian Officials participating in the 24th Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) being held … Read More