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.
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.
‘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
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
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
The Bahamas Financial Services Board in collaboration with the Ministry of Financial Services hosted two successful briefings in Rio De Janeiro and Sao Paulo, Brazil on October 14th and 17th. The Hon. Elsworth Johnson, Minister of Financial Services, Trade & Industry and Immigration addressed attendees and reaffirmed that The Bahamas is open for business and … Read More
FOR IMMEDIATE RELEASE From: Bahamas Financial Services Board Date: September 3, 2019 Declaring the impact of Hurricane Dorian on the Northern Bahamas, “an historic tragedy,” Prime Minister the Most Hon. Dr. Hubert Minnis led a NEMA press conference at The National Emergency Management Agency (NEMA) headquarters, yesterday September 2, 2019 as Dorian continued to impact … Read More
FAQs on The COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS) ACT, 2018 (“CESRA”)
The Bahamas Financial Services Board hosted its annual International Business & Finance Summit (IBFS) at the Hilton Resorts World Bimini on February 28th through March 2nd. Delegates heard from both local and international speakers. This year’s theme was, “Balancing Change with Continuity” which focused on giving delegates insight into the current regulatory environment and key … Read More
Investment Funds Bill, 2019 (PDF) Tabled in Parliament in February, 2019