Spotlight News

BISX Lists Two New Funds

Grande Escolha Vinhos Fund Limited and Artemis Holdings Fund Inc. have successfully completed the BISX Mutual Fund Listing Process and have now been added to the roster of funds listed on the Bahamas International Securities Exchange (BISX).

Grande Escolha Vinhos…

Svitzer Regional Training Centre

The country’s maritime industry got a boost today with Svitzer opening its Regional Training Centre in Freeport, Grand Bahama.

Since 1833, Svitzer has provided safety and support at sea. With a reported 4,000 plus employees, a fleet of more than 400 vessels…

Securities Exchange: An added dimension to Bahamas financial industry

The Bahamas International Securities Exchange (BISX) was founded with the goal of bringing transparency, price discovery and market efficiency to the Bahamian Capital markets. With this goal in mind, BISX began formal listing and trading of securities in May, 2000 with nine domestic companies…

Global Standard for Automatic Exchange of Information

The OECD today released the full version of a new global standard for the exchange of information between jurisdictions; this it said in a media release, is “an important step towards greater transparency and putting an end to banking secrecy in tax matters.”

The [Standard for…

IMF Staff Visit to the Bahamas

An International Monetary Fund (IMF) team, headed by Mbuyamu Matungulu, visited The Bahamas during July 14-18 as part of the regular consultation process with member countries on their economies. The team met with senior government officials and…

2014 update to the OECD Model Tax Convention

The OECD Council has approved the contents of the 2014 Update to the OECD Model Tax Convention. The Update, which was previously approved by the Committee on Fiscal Affairs on 26 June, will be incorporated in a revised version…