Spotlight News

The Bahamas Millennials Society Is Launched

A mix of nearly 100 older and younger representatives from the financial services industry came together on Wednesday evening for the launch of the Bahamas Millennials Society (BMS). The younger participants were Millennials themselves between the ages of 21 and 35.

BMS was created by the…

G20 Setting an Agenda for Growth

The G20 Leaders' Summit was held on 15 and 16 November in Brisbane, Queensland. Australian Prime Minister Tony Abbott hailed the G20 summit as a "weekend of achievement". He said under Australia's leadership, the G20 had set forth *"bold…

2014 Industry Excellence Awards Recipients Honoured at Gala Dinner

The Bahamas Financial Services Board (BFSB) tonight honoured 32 outstanding individuals for their contribution towards the growth and development of the sector. It was the occasion of the 14th Annual FSI Excellence Awards Dinner, and the 32 represented nominees in the categories of…

S&P's Stance Credits Vital Reforms

The Ministry of Finance has announced that Standard and Poor’s (S&P) today maintained its ratings outlook for The Bahamas. The S&P report points to important economic and fiscal challenges which must be embraced. The avoidance of a downgrade is indeed credit to the vital reforms which have…

Bahamas Rolls Out ICONIC New Product- the Investment Condominium (ICON)

In August and September The Bahamas promoted the new ICON in Brazil and Mexico. ICON is a new structure for the organization of an investment fund under Bahamian law. While ICON has no legal personality, it is deemed able to hold…

Bahamas Signs FATCA IGA

After substantially agreeing the terms of its IGA on April 17, 2014, on November 3rd The Bahamas completed the necessary formalities and signed the intergovernmental agreement with the US…

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