The Clearing Banks Committee and Group of Other Local Financial Institutions, in cooperation with the Central Bank of the Bahamas, recently issued a Public Notice to clarify requirements of new … Read More
Author: @BahamasFSB
Launch of BISX Listing Facility for Mutual Funds
The Bahamas International Securities Exchange (BISX) launched its mutual funds listing facility earlier this week. The listing facility is targeted at meeting the needs of international investors who may require … Read More
New Economic Sector Proposed
Speaking at a workshop for international photographers and videographers in Nassau recently, the Chief Executive of investment firm Orbitex Management said the production industry should be encouraged to set up … Read More
British Government Acknowledges And Praises Bahamas’ New Financial Architecture
Offshore Financial Centres Can Bring Benefits to the International Community The Rt. Hon. Alderman David Howard, Lord Mayor of London, addressed the business and financial community at a luncheon jointly … Read More
E-Commerce Starter Packages
E-Commerce Starter Package Thyme Online has introduced an e-commerce “starter package”. This includes Thyme’s easy to use shopping cart with unlimited product listings, order tracking and payment directly into a … Read More
Global Corporate and Investment Banking Division Officially Opens
Citibank today officially opens its Global Corporate and Investment Banking (GCIB) office, serving as headquarters for the Northern Caribbean region. The Bahamas division of the GCIB offers a complete array … Read More
E-Business Development: Industry Working Group Formed
Looking Towards An Information-Based, Knowledge-Driven Society The Bahamas Financial Services Board has spearheaded the establishment of a private-sector E-Business Working Group, with the intent of bringing together all the diverse … Read More
Bahamas Banking Sector Moves Away From Shell Banks
It is anticipated that as a result of the supervisory regime being implemented, there will be a reduction in the number of managed banks operating in The Bahamas. Of the … Read More
Evolving International Standards & New Regulatory Structure
The Bahamas supports the view that OFCs must meet the new – and evolving – international standards for the delivery of international financial services. The significant impact of international services … Read More
International Financial Services
Enhanced Regulatory Regime For The Provision Of International Services G-7 Finance Ministers have said that in an increasingly integrated global economy – in which policy responsibility still lies mainly with … Read More