The Bahamas International Securities Exchange is publishing its Official Index on its web site, with the intent of providing a barometer of the Bahamian market. Acting Chief Executive Officer Keith … Read More
Author: @BahamasFSB
Bank of The Bahamas International: Net Revenue Growth
The 2002 Annual Report of the Bank of the Bahamas International reflects total assets in excess of $300 million. With an announced strategy of broadening its financial services base, the … Read More
E-business Technology Provides State Of The Art Information Platform
Imperial Life Financial has announced the launch of WEBI, a fully mobile, virtual office and resource system. WEBI is designed specifically to empower the company’s sales representatives to continuously upgrade … Read More
Harmonising Regulatory Practices
The five regulatory agencies concerned with the financial services industry of The Bahamas have signed a Memorandum of Understanding that provides for information sharing, inter-regulatory cooperation, and harmonisation of policies … Read More
Global Financial Stability – IMF Report Released
Today the International Monetary Fund announced the release of the fourth issue of its *Global Financial Stability Report*, a quarterly publication launched in March 2002. The report, prepared by the … Read More
Highest Standard – Guiding Tenet For BMA
The Hon. Glenys Hanna Martin, M.P., Minister of Transport & Aviation, affirms that The Bahamas, the world’s third largest “Flag State”, enjoys a first class reputation in the industry, with … Read More
EU Savings Tax Directive
The end of this month represents the deadline self-imposed by the European Union for agreement on its Savings Tax Directive, which aims at introducing common rules for the taxation of … Read More
Global Competitiveness – Bahamas Government Commitment
Hon. Perry G. Christie, M.P. Prime Minister Commonwealth of The Bahamas Yesterday, the Prime Minister announced the appointment of the Financial Services Consultative Forum, describing the 33-member group as a … Read More
US Introduces Terrorism Risk Insurance Act
US President Bush today signed into law the Terrorism Risk Insurance Act of 2002. An announcement from the US Treasury said that since the terrorist attacks of September 11, 2001, … Read More
IMF Anti-Money Laundering Pilot Project
The International Monetary Fund (IMF) announced today that its Executive Board has approved a 12-month pilot project that *”significantly advances the IMF’s contribution to AML/CFT, the international efforts to combat … Read More