Industry Insight articles are paid-for content written by or on behalf of sponsors. Only five years ago, the Bahamas launched an innovative piece of legislation, the Investment Condominium Act 2014, enhancing the jurisdiction’s fund product offerings. This legislation, the first of its kind in any international financial center (IFC), targeted Brazilian multi-market funds. The Bahamas Investment Condominium … Read More
UPDATED CRS-AEOI INTERESTED APPROPRIATE PARTNER LIST AS AT MAY 24TH 2019
On Friday May 24th, 2019 the Competent Authority published the attached updated list on CRS/AEOI Exchange Partners. Please be guided accordingly with respect to your 2019 reporting. Questions/Queries: All portal queries should be directed tohelpdesk@taxreporting.finance.gov.bs For queries related to the site and/or information on the reporting obligations please submit emails to information@taxreporting.finance.gov.bs Official Notice: Please see … Read More
FAQs on The COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS) ACT, 2018 (“CESRA”)
FAQs on The COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS) ACT, 2018 (“CESRA”)
BFSB Hosts Its Annual International Business & Finance Summit (IBFS) In Bimini
The Bahamas Financial Services Board hosted its annual International Business & Finance Summit (IBFS) at the Hilton Resorts World Bimini on February 28th through March 2nd. Delegates heard from both local and international speakers. This year’s theme was, “Balancing Change with Continuity” which focused on giving delegates insight into the current regulatory environment and key … Read More
Investment Funds Bill 2019
Investment Funds Bill, 2019 (PDF) Tabled in Parliament in February, 2019
Gazetted – Revised Commercial Entities (Substance Requirements) Act
Download(PDF)
IFC Review: The Bahamas: Committed to Compliance, Embracing Innovation
IN MEMORIAM: YVES LOURDIN (1952 – 2019)
Legislative Developments – December 2018
ADDRESS BY HON KEVIN PETER TURNQUEST (28 NOVBEMBER 2018) BUSINESS LICENCE AMENDMENT BILL 2018 COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS) BILL 2018 Movement for Commercial Entities – 10 December, 2018 Movement for ROBO NON-PROFIT ORGANISATIONS BILL 2018 PENAL CODE (AMENDMENT) BILL 2018 REGISTER OF BENEFICIAL OWNERSHIP BILL 2018 REMOVAL OF PREFERENTIAL EXEMPTIONS BILL 2018
EU Related Legislation
REGISTER OF BENEFICIAL OWNERSHIP ACT, 31 DECEMBER 2018 GAZETTE (PDF) COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS ACT), 21 DECEMBER 2018 GAZETTE (PDF) REMOVAL OF PREFERENTIAL EXEMPTIONS ACT, 21 DECEMBER 2018 GAZETTE (PDF)