Management Global Information (MGI) will sponsor a 2-day wealth management conference in The Bahamas on May 8 & 9, 2007. The event will be held at the British Colonial Hilton … Read More
Newsletter
Legislative Amendments
The Bahamas Parliament has passed amendments to the **Purpose Trust Act 2004** as well as to the **Foundations Act, 2004**. In submitting the amendment bills to Parliament, Financial Services Minister … Read More
Data Protection Commissioner
The Government has announced the appointment of **George Rodgers** as the first Data Protection Commissioner, with responsibility for the administration and enforcement of the provisions of **The Data Protection (Privacy … Read More
Eligible Introducers & KYC Rules
The Central Bank of the Bahamas has issued a Guidance Notice relative to the **Reliance on Third Parties to Conduct KYC on Customers**, effectively waiving, in specific cases, a 30-day … Read More
Public Private Partnership
Public private partnership (PPP) continues to be a major catalyst for the development of the financial services industry. The joint commitment to dialogue and *practical*interaction has boded well for the … Read More
Privy Council Meets in Nassau
Judicial history was made in December 2006 when the Judicial Committee of Her Majesty’s Privy Council sat in The Bahamas, at the Court of Appeal in Nassau. It was the … Read More
Bahamas PTC Legislation Now in Force
Private Trust Company (PTC) legislation is now fully in force in The Bahamas. The legislation which was passed by the House of Assembly on October 18, and the Senate on … Read More
Nassau Conference: Bringing the World to The Bahamas
The third annual Nassau Conference will be held February 6, 2007 at the British Colonial Hilton Hotel. The Theme: **Wealth Management – Delivering Expertise in a Taxing World**. The event, … Read More
The Bahamas: An Advantageous Environment for Private Trust Companies
The Bahamas has introduced a comprehensive approach to Private Trust Companies (PTC) that fully and appropriately incorporates PTCs into the country’s robust financial system. PTC legislation has passed both houses … Read More
New Information Resources Available
BFSB continues to refine and add new resources to assist advisors with their information needs. The BFSB website – **www.bfsb-bahamas.com** – now has a more user friendly interface and will … Read More