The Bahamas must continue to demonstrate efforts aimed at the effective implementation of international AML/CFT standards as part of its effort to avoid correspondent banking de-risking according to John Rolle, … Read More
Newsletter
Strategic Planning for the Financial Services Sector
In her contribution to the Debate on the 2016/2017 Budget, the Hon. C.V. Hope Strachan, Minister of Financial Services, spoke to the important contribution of the sector to the Bahamian … Read More
BFSB Identifies Future State Roadmap for Financial Services
Five areas of opportunity have been identified by the Bahamas Financial Services Board (BFSB) in an updated strategy for the country’s financial services industry. The *“Future State Roadmap for Financial … Read More
Minister Reaffirms Commitment to Industry
The recent addition of a banking licence to Sterling Bank and Trusts portfolio of services is *“a clear and unequivocal demonstration of the faith, confidence and commitment in The Bahamas … Read More
Captives Will Find Advantages in The Bahamas
With a wealth management pedigree unmatched in the region The Bahamas is strategically cultivating captive insurance as an important addition to its growing and impressive array of financial services. The … Read More
What Makes The Bahamas The Jurisdiction of Choice for International Financial Services?
Any country heavily engaged in financial services bears the responsibility and a commitment to the international community of which it is intricately involved, the financial institutions operating within its borders, … Read More
Family Offices Find a Home in The Bahamas
##The Bahamas: An Ideal Location## With the globalization of families and their businesses it is often convenient for the Family Office, business headquarters, as well as the legal holding structure, … Read More
FS Industry to AID Joaquin Victims
The impact of Hurricane Joaquin on the Southern Bahamas is, in a word, horrifying. The hurricane which hovered over the southern Bahamas for almost two days with winds of more … Read More
BFSB & PartnersTeam Up with Rosetta Stone to Expand Language Learning Programme
The Bahamas Financial Services Board and the Ministry of Financial Services last month partnered with the Ministry of Education and language learning programme Rosetta Stone Inc. (NYSE:RST) to introduce a … Read More
The A BEE Cs of Family Governance – The Bahamas Executive Entity
When The Bahamas passed the [Executive Entities Act](https://bfsb-bahamas.com/legislation/2011/ExecutiveEntitiesAct2011.pdf) in 2011, it did so in an attempt to resolve what Rose Chamberlayne, partner in the London firm of Wiggin, Osbourne, Fullerlove, … Read More