Chief Justice Sir Michael Barnett in a recent ruling granted a Bahamas-based trustee an Order declaring that the Rule Against Perpetuities (Abolition) Act 2011 (RAPAA) applied to the disposition of … Read More
Legal
International Bar Association and OECD to extend collaboration
The [International Bar Association](http://www.ibanet.org/) (IBA) has announced that it has committed to extend collaboration with the [Organisation for Economic Co-operation and Development ](http://www.oecd.org/)(OECD) on improving legal frameworks, expertise, and development … Read More
Legislative Developments – February 2012
The Bahamas Financial Services Board (BFSB) today hosted an all-day [seminar](https://bfsb-bahamas.com/news.php?cmd=view&id=3085&pre=y) to address recent legislative developments. CEO Aliya Allen said the legislation passed will enhance the competitiveness of the nation’s … Read More
Financial Industry Seminar To Discuss The Evolving Legislative Landscape
In 2011, amidst turbulent and uncertain times for economies around the world, The Bahamas implemented a raft of legislative amendments aimed at bolstering the competitiveness of the financial services industry. … Read More
Securities Industry Legislation Passed
The new Securities Industry Act, 2011 was passed in the House of Assembly today, after its first reading. It will now have to progress to the Upper Chamber for approval. … Read More
Eugene Dupuch Law School wins CCJ International Law Moot
For the second consecutive year, the [Eugene Dupuch Law School](http://www.edls.edu.bs/) was declared the overall winners of the Caribbean Court of Justice (CCJ) International Law Moot. Representing team EDLS at the … Read More
Legislative and Regulatory Developments
The legislative agenda during the course of the year covered several pieces of industry and business-relevant legislation. Some 2010 Highlights: The BFSB Arbitration Committee worked closely with the Office of … Read More
Conducting Insurance Business in The Bahamas
The Government of The Bahamas has taken steps to bolster its financial services sector through the enhancement of legislation pertinent to international products that are in high demand. This is … Read More
International Standards of Transparency and Tax Information Exchange
The Bahamas has enacted the [International Tax Cooperation Act, 2010 ](https://bfsb-bahamas.com/legislation/itca2010.pdf) (Act) which came into force on July 1, 2010. The Act provides the framework legislation that enables The Bahamas … Read More
Bahamas Legal System Provides a Well Established Environment for International Business
##THE JUDICIAL AND LEGAL SYSTEM## The basis of the Bahamian Law and Legal system is the English Common Law tradition. Justices of the Supreme Court, Registrars and Magistrates are appointed … Read More