Bahamas Prime Minister To Host Regional Meeting On Thursday, October 11, CARICOM leaders will meet in The Bahamas in an emergency meeting called to review the impact of the September … Read More
International Issues
Bahamas Co-operating In Fight Against International Terrorism
The Hon. Carl Bethel Attorney General & Minister of Justice Attorney General and Minister of Justice the Hon. Carl Bethel announced in a press conference yesterday that a special Task … Read More
OECD Pursues a Global Dialogue on International Taxation
In today’s globalised economy, governments aim to provide an environment — including a fiscal environment — that is attractive to cross-border investors. Governments strive to balance that interest with the … Read More
Bahamian Financial Institutions Reviewing Accounts
Nassau, The Bahamas: Monitoring of the Bahamas financial sector has been intensified to ensure none of its institutions is being used to fund terrorism activities. New actions taken include: – … Read More
IMF Coordinates New Caribbean Regional Technical Assistance Centre
On September 10, the Caribbean Regional Technical Assistance Centre (CARTAC) began operations in Bridgetown, Barbados. The Centre is a joint initiative of the International Monetary Fund (MF), the Caribbean Community … Read More
US Advisory Lifted
The Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department this month lifted an advisory against financial institutions in The Bahamas. This followed the June “delisting” of the nation … Read More
The Bahamas: No Agreement With OECD To Date
Sir William Allen Minister of Finance On the occasion of last week’s Parliamentary Debate on amendments to various financial services industry legislation, Finance Minister Sir William noted that no commitment … Read More
Bahamas Prime Minister Addresses CARICOM Heads of Government Meeting
Rt. Hon. Hubert A. Ingraham Prime Minister of The Bahamas The 22nd Conference of Heads of Government of the Caribbean Community (CARICOM) is being held in Nassau, Bahamas this week, … Read More
Financial Action Task Force Report Released
As anticipated following the enhanced legislative, regulatory and supervisory regime implemented in The Bahamas, the nation is one of four countries now removed from the so-called “blacklist” of non-cooperative countries … Read More
Bahamas Removed From The FATF’s List of Non-Cooperative Countries and Territories
NASSAU, The Bahamas: The Bahamas has been de-listed from the Financial Action Task Force’s (FATF) list of non-cooperative countries and territories. The announcement was made today. The Bahamas was subjected … Read More