The OECD recently hosted meetings of the [Task Force on Tax and Development](http://www.oecd.org/ctp/tax-global/taxanddevelopment.htm) and the [Global Forum on Transfer Pricing](http://www.oecd.org/tax/transfer-pricing/global-forum-transfer-pricing.htm), with participants representing 84 jurisdictions and 11 international and regional … Read More
COB Business Week
The [College of The Bahamas](http://www.cob.edu.bs/) School of Business is preparing for the 2016 edition of [Business Week](http://www.cob.edu.bs/FLYERS/SBUS_BUSINESSWEEK_SPR2016.pdf), March 7 through 11. This year’s event is being held under the theme, … Read More
G20 Calls on FATF to Intensify Efforts To Tackle Terrorist Financing
Meeting in Shanghai, G20 Finance Ministers and Central Bank Governors have resolved to combat terrorist financing and called on the Financial Action Task Force (FATF) to intensify efforts to identify … Read More
Guidance for Risk-Based Approach for Money or Value Transfer Services
The risk-based approach (RBA) is central to the effective implementation of the revised FATF International Standards on Combating Money Laundering and the Financing of Terrorism and Proliferation, which were adopted … Read More
Bahamas Millennials Society Elects First Management Committee
The Bahamas Millennials Society (BMS) held its first Annual General Meeting (AGM) yesterday in the Boardroom of the Bahamas Financial Services Board. The BMS is a voluntary, membership-based programme open … Read More
BEPS Associates – Global Efforts Led by the OECD and G20 to Close International Tax Loopholes
The OECD has agreed a new framework to allow all interested countries and jurisdictions to join in efforts to update international tax rules for the 21st Century. The proposal for … Read More
Maintaining the Soundness and Stability of Financial Services in The Bahamas
The Hon. C.V. Hope Strachan, M.P., Minister of Financial Services, was the keynote speaker at BFSB’s February Industry Briefing, held at the downtown British Colonial Hilton yesterday. The Minister provided … Read More
CARICOM to Take Concern About Banking Threat to US, UN, WTO
Coming out of the [27th InterSessional Meeting in Belize](http://today.caricom.org/2016/02/18/all-options-to-be-pursued-for-solution-to-banking-sector-threat-caricom-chair/), media reports indicate the concerns that a decision taken by global banks could ruin the region’s financial sector have prompted a … Read More
FATF Plenary – Plenary Year FATF-XXVII
The third [FATF](http://www.fatf-gafi.org/) Plenary meeting of Plenary Year FATF-XXVII was held in Paris, 17-19 February. The [main issues](http://www.fatf-gafi.org/publications/fatfgeneral/documents/outcomes-plenary-february-2016.html) dealt with were: * Work on terrorist financing, which remains the top … Read More
Sustaining & Growing the Financial Services Sector
The Hon. C.V. Hope Strachan, M.P., Minister of Financial Services, addressed the February luncheon meeting of the STEP Bahamas Branch yesterday, providing an overview of developments within the sector. The … Read More