[Commonwealth Bank](http://www.combankltd.com) has officially opened the doors to its new $800,000 corporate learning centre. Located adjacent to its Prince Charles branch, the 8,740-square-foot single story building houses highly functional high-tech … Read More
Signatories to Convention on Mutual Administrative Assistance in Tax Matters Now Exceed 100
Burkina Faso, Malaysia, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Samoa today signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/tax/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm?utm_source=Adestra&utm_medium=email&utm_content=Multilateral%20Convention%20on%20Mutual%20Administrative%20Assistance%20in%20Tax%20Matters&utm_campaign=Tax%20News%20Alert%2025-08-2016&utm_term=demo), bringing the number of … Read More
FSB Progress Report to G20 on Correspondent Banking
The Financial Stability Board (FSB) today published its Progress report to the G20 on the FSB action plan to assess and address the decline in corresponding banking. The progress report … Read More
Economic Outlook Stable
The Bahamas Government remains optimistic about the state of the economy going forward, notwithstanding the decision by Moody’s Investor Services to proceed with a downgrade to the sovereign credit rating, … Read More
Industry Calls on Attorney General
The Bahamas Financial Services Board (BFSB) and The Association of International Bank & Trust Companies (AIBT) paid a courtesy call on Senator the Honourable Allyson Maynard-Gibson, Attorney General and Minister … Read More
Liechtenstein Ratifies the Convention on Mutual Administrative Assistance in Tax Matters
Liechtenstein today deposited its instrument of ratification for the [Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/tax/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm?utm_source=Adestra&utm_medium=email&utm_content=Convention%20on%20Mutual%20Administrative%20Assistance%20in%20Tax%20Matters&utm_campaign=Tax%20News%20Alert%2022-08-2016&utm_term=demo) (“the Convention”). By doing so, Liechtenstein underlines its commitment to fighting tax evasion … Read More
2016 FSI Excellence Awards: Nominations Now Open
The Bahamas Financial Services Board (BFSB) has opened nominations for the 2016 Financial Services Industry (FSI) Excellence Awards. Introduced in 2001, these Awards recognize and pay tribute to the “People … Read More
Kuwait Signs CRS MCAA
Kuwait has re-confirmed its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018. It did this today by joining the [83 current signatories](http://www.oecd.org/tax/automatic-exchange/international-framework-for-the-crs/MCAA-Signatories.pdf?utm_source=Adestra&utm_medium=email&utm_content=83%20current%20signatories&utm_campaign=Tax%20News%20Alert%2019-08-2016&utm_term=demo) … Read More
Bahamas Targets End of September for AEOI/CRS Legislation Review
The Bahamas expects to have draft enabling legislation and supporting regulations and guidance notes submitted to the Government by the end of September for vetting, review and finalization to ensure … Read More
BFSB CEO Addresses Bahamas Value Proposition
Speaking at The Rotary Club of East Nassau (RCEN) on Friday July 16th, BFSB’s CEO and Executive Director Tanya McCartney outlined the evolving nature of The Bahamas’ Value proposition, and … Read More