The Securities Commission of The Bahamas (SCB) has signed Memoranda of Understanding (MOUs) with counterpart securities regulators in the European Union (EU) and European Economic Area (EEA). The [European Securities … Read More
Newsletter
Bahamas to Pursue FATCA Model 1 IGA
The Bahamas Ministry of Financial Services has announced that Cabinet had approved its proposal that The Bahamas should elect to go with a [Model 1 Intergovernmental Agreement](http://www.treasury.gov/resource-center/tax-policy/treaties/Pages/FATCA.aspx) for Foreign Account … Read More
Bahamas Receives Positive Rating from Latin America Monitor
The July edition of Caribbean Monitor reported that The Bahamas received one of the highest scores in the Caribbean in Business Monitor International‘s (BMI) proprietary Short Term Political Risk Ratings, … Read More
Bahamas Landfall
BFSB introduced these highly successful promotional programmes in 2010. They are designed to provide financial service intermediaries and other service providers in targeted markets with updates on legislative and business … Read More
IMF – Financial Sector Assessment Program (FSAP)
The International Monetary Fund (IMF) recently released its latest [Financial Sector Assessment Program](http://www.imf.org/external/pubs/ft/scr/2013/cr13101.pdf) (FSAP) report on The Bahamas. The published report notes the Bahamian financial system *“faces no obvious near-term … Read More
Global Forum Confirms The Bahamas’ Commitment to International Standards Not in Doubt
The Peer Review Report of the Legal and Regulatory Framework of The Bahamas, issued by the Global Forum on Transparency and Exchange of Information for Tax Purposes, indicates *”The Bahamas’ … Read More
Accelerated Permanent Residency Gets a Boost
The Bahamas Government has amended its National Investment Policy (NIP) to provide accelerated permanent residency consideration for substantial investors and individuals purchasing a residence of $1.5 million or more. Permanent … 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
Mexico Trade Barriers Removed as Bahamas Elevated to Positive List
The bringing into force of The Bahamas-Mexico Tax Information Exchange Agreement serves to offset the impact of The Bahamas’ inclusion on the so-called Mexican blacklist, opening the door for a … Read More
BFSB Announces IBFS 2012
The Bahamas Financial Services Board (BFSB) has announced that the third annual International Business & Finance Summit (IBFS) will take place February 3 – 5. 2012 at the Abaco Beach … Read More