Spotlight News

Tax Transparency

A release from the Global Forum on Transparency and Exchange of Information for Tax Purposes today published 12 new reports that highlight action being taken by jurisdictions to implement the…

Bahamas PM Addresses CFATF Conference

The Rt. Hon. Perry G. Christie, delivered remarks at the first regional Anti-money Laundering and Terrorist Financing Conference held in Nassau at the British Colonial Hilton April 2-3.

He said economies of the Caribbean Region are gradually changing from being goods-based to becoming…

FATF - Dialogue with the Private Sector

On March 24-25 the FATF hosted a meeting of the Private Sector Consultative Forum to discuss implementation of the anti-money laundering and counter-terrorist financing (AML/CFT) measures set out in the [FATF…

Networking and Mentoring Club for Industry Millennials

BFSB is set to launch its latest “People Power” initiative - The Bahamas Millennials Society, a networking and mentoring club of financial services industry millennial workers – within the first half of this year.

BFSB CEO Aliya Allen says, *“It is an indisputable fact…

International progress towards automatic exchange of information

OECD Secretary-General Angel Gurría has welcomed moves by more than 40 countries - reinforced by EU leaders - to commit to a detailed timetable to step up the fight against tax evasion.

The European Council last week [called on a number of European…

Continuing Evolution of the Financial Services Sector

In Closing Remarks to the Debate on the 2013/2014 Mid-Year Budget Statement, The Rt. Hon. Perry G. Christie, Prime Minister of The Bahamas, spoke to the success of the financial services sector resulting from a combination of talent and sound “growth-focused” government policy. Noting…