Spotlight News

CPA Canada Recognised in The Bahamas

The Bahamas Institute of Chartered Accountants (BICA) now recognises the Chartered Professional Accountants of Canada (CPA Canada) as an approved professional body. The BICA Act provides terms and conditions for qualified CPA Canada professionals…

BISX Executive Speaks at CGSR Conference in The Bahamas

Chief Operating Officer of The Bahamas International Securities Exchange (BISX), Mr. Holland Grant, took part in the 12th Annual Conference and Workshop organised by the Caribbean Group of Securities Regulators and hosted by The Securities Commission of The Bahamas.

The conference, which…

Tax Administrators Meet in Beijing

The OECD Forum on Tax Administration (FTA) today concluded its Tenth Meeting in Beijing, the People's Republic of China. The OECD says delivering on the OECD/G20 international tax agenda, through implementation of the Base Erosion and Profit Shifting (BEPS) Project and the Common Reporting…

Financial Services Ministry Speaks Out on ICIJ Release of Database

The International Consortium of Investigative Journalists (ICIJ) on Monday published the names of structures formed in international financial centres, arising from its so-called "Panama Papers" initiative. The ICIJ in fact issued a disclaimer stating *“There…

Country-by-Country Reporting – OECD Update

The OECD advises that Canada, Iceland, India, Israel, New Zealand and the People’s Republic of China today signed the Multilateral Competent Authority agreement for the automatic exchange of Country-by-Country reports (“CbC MCAA”). That brings the total number of CbC MCAA…

5 New Countries Commit to International Standard on Tackling Tax Evasion and Avoidance

Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to share financial account information automatically with other countries.

*“We are now seeing an unstoppable movement toward information sharing, on the basis of a single common standard developed by the OECD and endorsed by…