Speaking at the 20-22 April Summit in Quebec, the Rt. Hon. Hubert A. Ingraham, Prime Minister of the Commonwealth of The Bahamas, indicated that the third gathering of Hemispheric Heads … Read More
International Issues
Bahamas Signs UN Convention Against Transnational Organised Crime
Foreign Affairs Minister Janet Bostwick last week in the House of Assembly tabled a communication on the United Nations Convention Against Transnational Organised Crime, an outgrowth of a draft framework … Read More
Small & Developing Economies Form New, Inclusive Group on Tax & Investment Issues
Arising out of the work of the joint Commonwealth/OECD Working Group on Harmful Tax Competition, has been the formation of the International Tax and Investment Organisation (ITIO), a new multilateral … Read More
British Government Acknowledges And Praises Bahamas’ New Financial Architecture
Offshore Financial Centres Can Bring Benefits to the International Community The Rt. Hon. Alderman David Howard, Lord Mayor of London, addressed the business and financial community at a luncheon jointly … Read More
Co-Chairs Report On OECD-Commonwealth Working Group On Tax Co-operation
Improved Understanding And Progress A Joint Working Group of jurisdictions from the Commonwealth and the OECD held a second round of discussions at OECD headquarters in Paris on March 2. … Read More
Appeal To WTO On OECD Harmful Tax Competition Initiatives Not Ruled Out
CARICOM nations may pursue earlier proposals to take their views on OECD initiatives relating to so-called “harmful tax competition” to the World Trade Organisation (WTO). This was a report coming … Read More
Commonwealth/OECD Working Group Schedules Second Meeting
At the conclusion of its first meeting held at the Commonwealth Secretariat on January 26-28, the joint Working Group of jurisdictions from the Commonwealth and the OECD established in Barbados … Read More
FATF’s Plenary Report
The Bahamas Is Ranked Among Those Jurisdictions Taking Impressive Strides With Regard to Counter-Money Laundering Regimes The Financial Action Task Force on Money Laundering (FATF), an independent international body, met … Read More
Global Co-operation Talks
Commonwealth & OECD Working Group Concludes First Meeting The multilateral Working Group established by Commonwealth and OECD countries in Barbados earlier this month has completed its first meeting. Participants described … Read More
Commonwealth/OECD Joint Working Group Meets
Promoting Dialogue and Consensus As a result of the Barbados January 8-9 meeting between policy makers from Commonwealth and OECD countries on the subject of global co-operation on harmful tax … Read More