Today Monaco deposited its instrument of ratification for the [Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/tax/exchange-of-tax-information/convention-on-mutual-administrative-assistance-in-tax-matters.htm), underling its commitment to fight tax evasion and avoidance. It is another important … Read More
Equipping Lawyers in Fight Against Corruption
The OECD has joined forces with the [International Bar Association](http://www.ibanet.org/) (IBA) to form a task force to develop professional conduct standards and practice guidance for lawyers involved in establishing and … Read More
IMF Mission Concludes Visit to The Bahamas
An International Monetary Fund (IMF) team led by Jarkko Turunen visited The Bahamas from December 7-13, 2016, to update the economic and financial outlook following Hurricane Matthew. The team reports … Read More
CIBC FirstCaribbean Wins Bahamas Bank of the Year
The Bahamas’ operations of [CIBC FirstCaribbean International Bank](http://www.cibcfcib.com) has captured the prestigious 2016 Bank of the Year Country Award in The Banker Magazine’s 17th Annual Bracken Awards Programme. This is … Read More
FSB Regional Consultative Group for the Americas Meets in Nassau
The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas met in Nassau today at a meeting hosted by the Central Bank of The Bahamas. At their meeting, … Read More
Amendment Acts to Strengthen Trust Regulatory Regime
Minister of Financial Services, the Hon. C.V. Hope Strachan, M.P., today tabled in the House of Assembly amendments to The Trustee Act (CH. 176) and The Trust (Choice of Governing … Read More
Global Tax Transparency Summit Backs Push for Greater Transparency
Twenty-six Parliamentarians have now signed a concordat calling on governments to support greater tax transparency by multinational companies. The signatories were in London for today’s [Global Tax Transparency Summit](http://www.parliament.uk/business/committees/committees-a-z/commons-select/public-accounts-committee/taxation/global-tax-summit-16-17/), hosted … Read More
Caribbean Infrastructure Finance Forum 2016
CIBC FirstCaribbean was title sponsor for the 3rd Caribbean Infrastructure Finance Forum held Dec 6-7 at the British Colonial Hilton. Managing Director of Corporate & Investment Banking, Berisford Grey says … Read More
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 … Read More
Bahamas House of Assembly Passes Automatic Exchange of Financial Account Information Bill, 2016
Yesterday, the Honourable House of Assembly passed the Automatic Exchange of Financial Account Information Bill, 2016 with the unanimous support of all Parliamentarians. This Bill, which provides for the implementation … Read More