FAQs on The COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS) ACT, 2018 (“CESRA”)
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The FINANCIAL TRANSACTIONS REPORTING ACT, 2018 and PROCEEDS OF CRIME ACT, 2018 were passed by Parliament
The FINANCIAL TRANSACTIONS REPORTING ACT, 2018 AND PROCEEDS OF CRIME ACT, 2018 were passed by Parliament and came into force on Friday May 15th, 2018. FINANCIAL TRANSACTIONS REPORTING ACT, 2018 … Read More
The Bahamas Makes Progress in the Implementation of CRS
Minister of Financial Services the Hon. C.V. Hope Strachan reported today that [the Bill](http://www.bfsb-bahamas.com/news.php?cmd=view&id=3694&pre=y) to provide for the implementation of the Common Standard on Reporting and Due Diligence for Financial … Read More
Equipping Lawyers in Fight Against Corruption
The OECD has joined forces with the [International Bar Association](http://www.ibanet.org/) (IBA) to form a task force to develop professional conduct standards and practice guidance for lawyers involved in establishing and … Read More
Amendment Acts to Strengthen Trust Regulatory Regime
Minister of Financial Services, the Hon. C.V. Hope Strachan, M.P., today tabled in the House of Assembly amendments to The Trustee Act (CH. 176) and The Trust (Choice of Governing … Read More
Common Reporting Standard Implementation in The Bahamas
The Bahamas Financial Services Board (BFSB) and The Association of International Banks and Trust Companies (AIBT), along with industry stakeholders, today held a consultative session with The Official Opposition to … Read More
IMF Law and Financial Stability Forum
The International Monetary Fund (IMF) has announced plans for a May 16-18 high level conference on law and financial stability. The event will examine the role that the law plays … Read More
Improving the Regulatory Framework for the Securities Industry
The [Securities Commission of The Bahamas](http://www.scb.gov.bs) announced today that two important pieces of legislation which will improve the regulatory framework for the securities industry had come into effect earlier this … Read More
CIArb Bahamas Branch Up and Running – Internationally Accredited Mediators and Arbitrators
The Bahamas Branch of the Chartered Institute of Arbitrators (CIArb), under the Patronage of Dame Joan Sawyer, the now retired President of the Bahamas Court of Appeal and a former … Read More
FATCA Compliance
On Thursday, April 16, the Ministry of Financial Services and Ministry of Finance co-hosted a FATCA Industry Briefing to highlight the progress made by The Bahamas in readying itself and … Read More