BRIEFING DOCUMENT PREPARED BY: BAHAMAS NATIONAL IDENTIFIED RISK FRAMEWORK COORDINATOR SEPTEMBER 24th, 2020 Executive Summary INTRODUCTION There have been tremendous efforts made to address all concerns of the CFATF and the FATF Regarding The Bahamas’ Anti Money laundering, counter financing of terrorism and counter proliferation (AML/CFT/CFP) framework – legislative, regulatory and enforcement landscapes have been … Read More
The Competent Authority today issued a Notice on compliance with section 7 of the Commercial Entities (Substance Requirements) Act, 2018 (“CESRA”) as a consequence of COVID 19 related travel and/or other restrictions. PUBLIC NOTICE – Notice on Direction and Management (PDF)
By The Hon. Elsworth N. Johnson, MP 15TH JUNE, 2020 DOWNLOAD PDF
The Ministry of Financial Services, Trade & Industry and Immigration hosted a successful and engaging virtual symposium on 20th May, 2020 under the theme “An Opportunity for Advancement, Innovation and Creativity”. The purpose of this symposium was to inform industry stakeholders of the Ministry’s initiatives to address the COVID-19 crisis and to engage discussions on … Read More
The Office of the Attorney General of The Bahamas today issued a Q & A Document outlining the stated criteria for the proposed inclusion of The Bahamas on a recent European Union listing and The Bahamas response.
Carl Culmer of Insurance Commission of The Bahamas and Guilden Gilbert of Chandler Gilbert discuss the country’s current trends and regulation within the captive insurance market. Story on page 12.