Spotlight News

New Fund Listing - BISX

The Bahamas International Securities Exchange (BISX) announced today that the W Invest Fund Limited, SAC Segregated Account A shares have now been added to the roster of funds listed on the Exchange. The W Invest Fund Limited, SAC Segregated Account A is an…

GATEWAY – Winter Edition

The latest edition of “Gateway - The Bahamas Financial Review” is online. The annual magazine is a key “Bahamas Advantages” brand delivery vehicle; it mirrors the objectives of the brand: (i) differentiate this jurisdiction from…

IBFS 2015 to Address The Culture of Compliance

Complying with international standards can be a daunting challenge for a jurisdiction. Likewise, complying with local regulatory requirements can become a challenge for business and clients. And, last but not least, complying with best practice can be a challenge for business. Helen Hatton,…

Trading Hub for Renminbi – Welcome News for the Financial Services Sector

The Bahamas Government announced earlier today there has been an agreement with the Chinese President that would allow The Bahamas to trade in Chinese denominated currency, the Renminbi (RMB). The Renminbi is the official currency of the People’s Republic and literally means…

First ICON Registrations Set the Stage for Busy BFSB 2015 Campaign

With the New Year underway, the first ICONs have now been registered, setting a positive tone for this investment funds product that was launched at the end of 2014 by the Bahamas Financial Services Board (BFSB) and the Ministry of Financial Services.

ICON -- properly known as the Investment…

New Minister of Financial Services

Over this past weekend, the Cabinet Office announced the appointment of The Hon. Hope Strachan, Member of Parliament for Sea Breeze, as the new Minister of Financial Services with effect from Monday, January 12th, 2015. Minister Strachan previously served as Minister of State in the Ministry of…