The Competent Authority today issued a Notice on compliance with section 7 of the Commercial Entities (Substance Requirements) Act, 2018 (“CESRA”) as a consequence of COVID 19 related travel and/or other restrictions. PUBLIC NOTICE – Notice on Direction and Management (PDF)
Industry News
2020/2021 Budget Contribution – Ministry of Financial Services, Trade & Industry and Immigration
By The Hon. Elsworth N. Johnson, MP 15TH JUNE, 2020 DOWNLOAD PDF
Registrar General Department Notice Re: The Non-Profit Organizations Act
Download (PDF)
Ministry of Financial Services, Trade & Industry and Immigration Virtual Symposium
The Ministry of Financial Services, Trade & Industry and Immigration hosted a successful and engaging virtual symposium on 20th May, 2020 under the theme “An Opportunity for Advancement, Innovation and Creativity”. The purpose of this symposium was to inform industry stakeholders of the Ministry’s initiatives to address the COVID-19 crisis and to engage discussions on … Read More
BFSB ECONOMIC RECOVERY SURVEY
Q&A on the EU Listing of The Bahamas
The Office of the Attorney General of The Bahamas today issued a Q & A Document outlining the stated criteria for the proposed inclusion of The Bahamas on a recent European Union listing and The Bahamas response.
Captives in Paradise
Carl Culmer of Insurance Commission of The Bahamas and Guilden Gilbert of Chandler Gilbert discuss the country’s current trends and regulation within the captive insurance market. Story on page 12.
Ministry of Finance Statement: European Union removes The Bahamas from tax watchlist
‘The Bahamas’ financial services industry is stable and governed by a sound regulatory regime’ The European Union’s Economic and Financial Affairs Council completely removed The Bahamas from its List of Non-Cooperative Jurisdictions for Tax Purposes, at their meeting in Brussels today. In a statement this morning, the EU confirmed that The Bahamas has implemented the … Read More
AIBT & BFSB Joint Response – The Bahamas Off the EU Blacklist
BFSB and AIBT welcome the news of The European Union’s Economic and Financial Affairs Council’s complete removal of The Bahamas from its List of Non-Cooperative Jurisdictions for Tax Purposes, at their meeting in Brussels today. This was done in recognition of The Bahamas having implemented all of the necessary reforms to meet the EU criteria … Read More
Bahamas Open for Business as Financial Services Sector Turns Sights on Middle Eastern and Northern African Market
The Bahamas Financial Services Board in collaboration with the Ministry of Financial Services hosted a successful briefing in Dubai, UAE on Monday November 18th. The Hon. Elsworth Johnson, Minister of Financial Services, Trade & Industry and Immigration, who led the Bahamas delegation, in his opening address informed attendees that: “Bahamians are warm people who value … Read More