The Bahamas Financial Services Board Hosts Webinar for Brazilian Market

September 26, 2018By @BahamasFSBBFSB News, Webinar

The Bahamas Financial Services Board hosted a webinar for intermediaries and service providers in Brazil on Tuesday September 26th at the Island House. The webinar entitled The Bahamas Financial Services Update was geared towards the Brazilian market. Live, video-linked, participants signed on from different parts of Brazil including Rio and Sao Paulo. They were able … Read More


September 21, 2018By @BahamasFSBBFSB News, Latest

The Bahamas Financial Services Board (BFSB) hosted its nineteenth (19th) Annual General Meeting (AGM) in the Victoria Room of the British Colonial Hilton Hotel on Wednesday September 19th. The Deputy Prime Minister and Minister of Finance K Peter Turnquest gave the keynote address at the AGM. He updated attendees on the status of our international … Read More

Central Bank AML/CFT Guidelines

September 21, 2018By @BahamasFSBBFSB News, Industry News

On August 29th, 2018 The Central bank issued new AML/CFT Guidelines for Supervised Financial Institutions (SFIs). These Guidelines incorporate both the mandatory minimum requirements of the AML/CFT laws of The Bahamas and industry best practices and are enforceable by virtue of regulation 8 of the Financial Intelligence (Transactions Reporting) Regulations 2001. All SFIs of the … Read More

The Bahamas List of AEOI/CRS Exchange Partners

June 22, 2018By @BahamasFSBBFSB News, Tax Co-operation, Tax Cooperation

Please be advised that the Competent Authority has today released a list of the exchange partners for  The Bahamas with respect to the Automatic Exchange of Information/Common Reporting Standard.  Provided below for your information. It can also be accessed on the Bahamas Tax Reporting website: Click here to Download (PDF) Should you have questions please … Read More

Transformation of the Financial Services Sector: Education & Improved Ease of Doing Business

June 19, 2018By @BahamasFSBBFSB News, Budget, Education & Training, Government, Industry News, Latest

The Bahamas government is allocating resources to facilitate the transformation of the financial services sector. The 2018/2019 fiscal budget was passed in the House of Assembly on June 18th, 2018. In his contribution to the budget debate to the Bahamian Parliament, The Honourable T. Brent Symonette, the Bahamas Minister of Financial Services, Trade & Industry … Read More

The Bahamas is officially off the EU List

May 25, 2018By @BahamasFSBBFSB News, Industry News

Technical working group demonstrated excellent coordination and cooperation leading to positive outcome for The Bahamas Source: Ministry of Finance (MOF) Author: Central Communications Unit (CCU), MOF Date: May 25, 2018 Contact: The Bahamas was removed from the European Union’s (EU) list of Non-Cooperative Jurisdictions for Tax Purposes following a positive technical recommendation from the … Read More