By: Christina Rolle, Executive Director, Securities Commission Of The Bahamas A complete overhaul of legislation governing The Bahamas’ investment funds industry is nearing completion, announced Christina Rolle, executive director of the Securities Commission of the Bahamas (SCB) at the annual briefing for the Bahamian securities and investment funds industries earlier this month. The overhaul includes … Read More
Securities Industry
BISX Engages With Listed Issuers
The Bahamas International Securities Exchange (BISX) recently hosted a closed-session Conclave with its Listed Issuers. BISX says the intent was to meet with senior representatives of Listed Issuers to discuss their duties and responsibilities to the market, as well as to discuss the fundamental regulatory principles and overall mission of the Exchange BISX Chief Executive … Read More
Securities Commission Rules to Facilitate Small Business Funding
New Rules under development by the [Securities Commission of The Bahamas](http://www.scb.gov.bs) would allow entrepreneurs to use crowdfunding to raise up to $1,000,000 and make it easier for small businesses to raise up to $3,000,000 per year. Crowdfunding Rules as well as Micro, Small and Medium Enterprise (MSME) Rules are being developed to introduce specific regulations … Read More
Americas Securities Regulators Meet in The Bahamas
The [Securities Commission of The Bahamas](http://www.scb.gov.bs) last week hosted securities regulators from 18 jurisdictions across the Americas to discuss cross-cutting securities regulatory matters, further developing the capital markets regulator’s regional and international profile. The meeting, held 3-4 November at the Atlantis Resort on Paradise Island, was the second of two general meetings of the Inter-American … Read More
BISX’s Ongoing Investor Education Programme
Students from the Corporate Governance class of The College of The Bahamas’s (COB) LL.B. Programme recently were treated to a special session at the Bahamas International Securities Exchange (BISX) with CEO Keith Davies and COO Holland Grant. The Exchange Executives spoke not only about BISX but generally about domestic securities law, and the listing and … Read More
Enhancements to Bahamas Securities Legislation
The Government has tabled in the House of Assembly amendment legislation designed to enhance and clarify the Securities Commission’s structure and responsibilities. Minister of Financial Services the Hon. C.V. Hope Strachan, M.P. said the Securities Industry (Amendment) Bill also is a step towards improving the ease of doing business in The Bahamas. *“The legislation is … Read More
New Funds Listings for BISX
The [Bahamas International Securities Exchange](http://www.bisxbahamas.com) (BISX) has announced the listing of the following open-ended funds: * Lewisham Investment Fund Ltd, (Lewisham) * 3Ps Investment Fund IC Commons Quotas (“The 3Ps Common Quotas”) * 3Ps Investment Fund IC Preferred Quotas (“The 3Ps Preferred Quotas”), and * Delmonte Fund Limited SAC (Delmonte) Lewisham and Delmonte are incorporated … Read More
Star Capital – First ICON Listed on BISX
The Bahamas International Securities Exchange (BISX) has announced that open-ended investment Fund Star Capital Fund ICON (Star Capital) has been added to the roster of funds listed on the Exchange. Star Capital is established as an Investment Condominium under the Investment Condominium Act, 2014 and is registered as a Smart Fund 007 under the Investment … Read More
BISX Executive Speaks at CGSR Conference in The Bahamas
Chief Operating Officer of The Bahamas International Securities Exchange (BISX), Mr. Holland Grant, took part in the 12th Annual Conference and Workshop organised by the Caribbean Group of Securities Regulators and hosted by The Securities Commission of The Bahamas. The conference, which focused on Regional Capital Market Development and Regulation was held at the British … Read More
IFIE Americas Working Group Meets in The Bahamas
The International Forum for Investor Education (IFIE), Americas Chapter held the first meeting of its working group for content development and delivery, in the Bahamas over the period April 22 – 23, 2016. Securities regulators representing fifteen jurisdictions including the host country, The Bahamas, Barbados, the British Virgin Islands, Cayman Islands, Curacao, the Eastern Caribbean … Read More