The World Summit on Sustainable Development was held recently in Johannesburg, South Africa. The forum took a broad-based approach to sustainable development – specifically, integrating economic, social and environmental considerations. … Read More
Author: @BahamasFSB
ITIO Urges OECD To Follow Commonwealth Example
The International Tax and Investment Organisation (ITIO), a grouping of thirteen small and developing states, has welcomed Commonwealth Finance Ministers’ support for developing countries to participate more fully in international … Read More
Combating Terrorism
The Bahamas has been an active partner in the global fight against terrorism. It is well known as an international financial center committed to maintaining *”the very highest levels of … Read More
Anti-Money Laundering: Comprehensive Assessment Methodology
The International Monetary Fund and World Bank have committed to a comprehensive methodology to conduct assessments of the anti-money laundering and terrorist financing recommendations of the Financial Action Task Force … Read More
A Golden Opportunity: Change in Offshore Financial Services
Global events of the past two years certainly have proven that things can change in the financial services industry, and fast: The bottom drops out of an overvalued US stock … Read More
IRS Regulation – Eroding Personal Privacy?
Today in Washington, the Vice Chairman of the House Ways and Means Committee, Phil Crane, called on the Internal Revenue Service (IRS) to withdraw a proposed regulation (REG-133254-02) that would … Read More
Insurance…Embracing Global Challenges
October is Insurance Month in The Bahamas, and the Planning Committee has organised a series of activities under the general theme “Insurance…Embracing Global Challenges”. During the annual “Insurance Month in … Read More
Corporate Governance – Theme of Annual Bahamas Investment Conference
The Counsellors have announced plans for the 4th Annual Bahamas Investment Conference to be held on October 19, 2002 at the British Colonial Hilton hotel. The conference addresses the need … Read More
Designation of Al Qaida Operatives Identified by the German Authorities
The United States Treasury announced today that it is continuing to take “coordinated action” with the international community to identify and impose financial sanctions on those who form part of … Read More
Reports from IMF / World Bank Meetings
**International Financial Institutions Have Critical Role In Combating Terrorism Financing** In a speech today to the Annual Meeting of the International Monetary Fund and World Bank being held in Washington, … Read More