Damianos Realty has opened an office at Regent Centre East in Freeport, Grand Bahama. Company President George Damianos indicated that the new office will concentrate on the luxury estate market, … Read More
Author: @BahamasFSB
Bahamas Prime Minister Addresses CARICOM Heads of Government Meeting
Rt. Hon. Hubert A. Ingraham Prime Minister of The Bahamas The 22nd Conference of Heads of Government of the Caribbean Community (CARICOM) is being held in Nassau, Bahamas this week, … Read More
Amendments Proposed to IBC Act, 2000
The Rt. Hon. Hubert A. Ingraham Prime Minister of The Bahamas In response to representation from the financial services industry, the Office of the Attorney General early in June provided … Read More
Financial Action Task Force Report Released
As anticipated following the enhanced legislative, regulatory and supervisory regime implemented in The Bahamas, the nation is one of four countries now removed from the so-called “blacklist” of non-cooperative countries … Read More
Bahamas Removed From The FATF’s List of Non-Cooperative Countries and Territories
NASSAU, The Bahamas: The Bahamas has been de-listed from the Financial Action Task Force’s (FATF) list of non-cooperative countries and territories. The announcement was made today. The Bahamas was subjected … Read More
Number One Industry: Continuing To Break Records
The first quarter of 2001 saw all records broken again in tourism, the #1 industry of The Bahamas. Minister of Tourism, the Hon. Tommy Turnquest reports that preliminary visitor arrival … Read More
International Legal Cooperation: The Bahamas Fully Able To Comply With Obligations
The Hon. Carl Bethel Attorney General & Minister of Justice Offshore financial centres wishing to be successful in the long term must not only have stringent regulations in place to … Read More
BISX Approves First Mutual Fund Listing Sponsor
Mr. Gerry Ritchie BISX CEO In April of this year, CEO Gerry Ritchie announced the launch of BISX’s primary and secondary listing of Bahamian regulated and overseas regulated mutual funds, … Read More
Bahamas Becomes 54th Member Of The Egmont Group
The Hon. Carl Bethel Attorney General and Minister of Justice The Attorney General has advised that the Egmont Group of Financial Intelligence Units has accepted that the national Financial Intelligence … Read More
Expanding Sevices In The Offshore Marine Market
Teekay Shipping Corporation has acquired Ugland Nordic Shipping, a shuttle tanker company, for some $223 million. Teekay is the leading midsize crude oil tanker operator in the Indo-Pacific basis, with … Read More