The Minister of Finance The Hon. Sir William Allen The OECD has signaled its acceptance of The Bahamas’ form of commitment on transparency and effective exchange of information on Friday, … Read More
Author: @BahamasFSB
Bahamas Not Disadvantaged Against Competing Jurisdictions
John K.F. Delaney Partner Higgs & Johnson John Delaney was Guest Speaker at last month’s luncheon meeting of the Society of Trust and Estate Practitioners. Mr. Delaney addressed the group … Read More
The Bahamas: A Premier Provider Of International Financial Services
In its 2002 & Beyond Strategy Document, BFSB reflects on how the financial services industry must continue to evolve to maintain its position in the international financial services arena. Focusing … Read More
The Bahamas Secures Qualified Jurisdiction (QJ) Status
The Bahamas has secured further approval by the US Treasury of its Know-Your-Customer rules and its qualified jurisdiction status under the Internal Review Services program, through the signing of an … Read More
Financial Sector Assessment Program (FSAP)
##Promoting National and International Financial Stability and Growth## An International Monetary Fund Team was in The Bahamas last month as part of a preliminary appraisal, eventually leading to participation by … Read More
New Caribbean Regional Technical Assistance Centre
The Caribbean Regional Technical Assistance Centre (CARTAC) is now operational, with headquarters in Bridgetown, Barbados. The Centre is a joint initiative of the International Monetary Fund (IMF), the Caribbean Community … Read More
Industry Guidelines
## Banks & Trust Companies## As part of its ongoing efforts to strengthen international best practices for the management and operation of licensed banks and trust companies, the Central Bank … Read More
Revised Edition of the Statute Law and Subsidiary Legislation
The Attorney General’s Office has completed a project to have the laws of The Bahamas revised and available on CD Rom. The law reform project included taking the laws out … Read More
NEWS BRIEFS
##Expansion Plans For Cable Bahamas## Cable Television and telecommunications provider Cable Bahamas has announced access to greater financing that should boost expansion plans. Chairman Philip Keeping has entered into an … Read More
Defining The Level Of Cooperation Between The United States And The Bahamas
In his annual New Year’s Address to the nation in January, just prior to the official signing of the TIEA in Washington, Prime Minister Hubert A. Ingraham pointed out that … Read More