QJ/QI Status The Bahamas is in discussions with US officials concerning application for Qualified Jurisdiction (QJ) status under new rules expected to be implemented next year. As of January 1, … Read More
Author: @BahamasFSB
Prime Minister meets with OECD/FATF
Prime Minister Meets with OECD Secretary General & President of the FATF Prime Minister, the Rt. Hon. Hubert Ingraham continues a series of high level discussions in European capitals connected … Read More
United Nations General Assembly
55th Session of the UN General Assembly Told of Bahamas’ Position Bahamas Foreign Affairs Minister Janet Bostwick has taken The Bahamas’ case against the blacklisting of its financial services sector … Read More
Financial Services Industry Developing Strategic Plan
The Financial Stability Forum, the Financial Action Task Force, the U.S. Treasury Department (FinCen Advisory), the OECD and other international agencies and initiatives have raised a range of issues that … Read More
Bahamas International Securities Exchange: Increasing Levels of Confidence
As investors open more and more accounts with their brokers, CEO Brian Taylor attributes the steady growth in trading volumes to “a significant confidence in BISX and the whole capital … Read More
Enhanced Regulatory & Supervisory Regime
Expanded Role for Central Bank of The Bahamas The Prime Minister of The Bahamas has announced that the Governor of the Central Bank will have his powers expanded in terms … Read More
Evidence Act & Amendment
The Evidence (Proceedings in Other Jurisdictions) Act, 2000 allows for the Supreme Court of The Bahamas to provide assistance to Courts in other jurisdictions relating to civil and criminal proceedings … Read More
Prime Minister Ingraham Meets Financial Services Sector
NASSAU, The Bahamas – Prime Minister the Rt. Hon. Hubert A. Ingraham met Wednesday with representatives of the financial services sector in his and his government’s continuing consultation with the … Read More
Securities Industry Regulations – Registration of Broker-Dealers & Investment Advisors
The Securities Industry Regulations, 2000 have been signed into law by the Minister of Finance, were gazetted on July 17th, and are now in effect. A Public Notice published on … Read More
Prime Minister’s Communication to House of Assembly on Rating/Listing
Communication by Prime Minister the Rt. Hon. Hubert A. Ingraham on The Rating and Listing of The Bahamas by the Financial Stability Forum (FSF);Financial Action Task Force (FATF); and the … Read More