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
Where the Very Rich Like to Travel in the Caribbean
A survey of the top 5 percent of wealthy Americans ranks which beach paradises are the most beloved vacation spots for the very, very wealthy. [Resonance Consultancy](http://resonancereport.com/collections/frontpage/products/2016-us-luxury-travel-report ) surveyed 1,664 … Read More
Inter-American Development Bank (IDB) Group To Meet In The Bahamas
The IDB Bank Group is hosting its [annual meeting](http://events.iadb.org/calendar/eventDetail.aspx?lang=en&id=4877) in Nassau, The Bahamas this year. On April 7-10, economic and financial leaders from the IDB’s 48 member countries will convene … Read More
Financial Services Training Institute Changes Premises
The Bahamas Institute of Financial Services (BIFS) has relocated to the Union Court Building, situated on the corner of Elizabeth Avenue and Shirley Street. Management says the move was planned … Read More
Kenya Joins Multilateral Instrument Against Offshore Tax Evasion and Avoidance
Kenya today signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matter](http://www.oecd.org/ctp/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm)s. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. … Read More
Emerging and Sustainable Cities Initiative
The Bahamas Government, in partnership with the [Inter-American Development Bank](http://www.iadb.org) (IDB), has launched the [Emerging and Sustainable Cities Initiative](http://www.iadb.org/en/topics/emerging-and-sustainable-cities/emerging-and-sustainable-cities-initiative,6656.html) (ESCI) for Nassau. ESCI now covers over 50 emerging cities in … Read More
Switzerland Signs Declaration on Introduction of AEOI with Canada
Switzerland has signed a [joint declaration](http://www.news.admin.ch/NSBSubscriber/message/attachments/42858.pdf) on the introduction of the automatic exchange of information (AEOI) in tax matters on a reciprocal basis with Canada. The two countries intend to … Read More
Michele Fields Elected to IAIS Executive Committee
Michele Fields, Superintendent of The Insurance Commission of The Bahamas (ICB), has been elected to serve on the Executive Committee of the International Association of Insurance Supervisors (IAIS), the voluntary … Read More
11th African Continent Country Signs Multilateral Convention
Senegal today signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/tax/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm), becoming the 93rd jurisdiction (and the 11th country of the African continent) to join it. His Excellency, … Read More
Captives: 25 Years Strong
World Captive Forum, celebrating its 25th anniversary, is being held in Boca Raton, Florida this week (Jan 31 through Feb 03). The Bahamas Financial Services Board and the Insurance Commission … Read More