Spotlight News

Kenya Joins Multilateral Instrument Against Offshore Tax Evasion and Avoidance

Kenya today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to…

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 membership organization of insurance supervisors and regulators from around the…

Switzerland Signs Declaration on Introduction of AEOI with Canada

Switzerland has signed a joint declaration on the introduction of the automatic exchange of information (AEOI) in tax matters on a reciprocal basis with Canada. The two countries intend to start collecting data in accordance…

11th African Continent Country Signs Multilateral Convention

Senegal today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, becoming the 93rd jurisdiction (and the 11th country of the African continent) to…

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 of The Bahamas (ICB) are in Boca Raton, as are representatives from a number of private sector service…

Data Hosting in The Bahamas

The Bahamas has a solid Internet infrastructure, and is a favourable jurisdiction for data privacy. This has been affirmed by Richard Douglas. He moved to The Bahamas from Canada in the 1990s to explore opportunities in the IT space. By the late 90s, data centres were built, with the local phone…