BRIEFING DOCUMENT PREPARED BY: BAHAMAS NATIONAL IDENTIFIED RISK FRAMEWORK COORDINATOR SEPTEMBER 24th, 2020 Executive Summary INTRODUCTION There have been tremendous efforts made to address all concerns of the CFATF and the FATF Regarding The Bahamas’ Anti Money laundering, counter financing of terrorism and counter proliferation (AML/CFT/CFP) framework – legislative, regulatory and enforcement landscapes have been … Read More
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Ministry of Finance: Notice on Compliance with Section 7 of the Commercial Entities (Substance Requirements) Act, 2018 (“CESRA”)
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)
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
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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
JUST PUBLISHED: BFSB Newsletter Issue 01
Our Response to COVID-19
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