UPDATE ON IMPACT OF HURRICANE DORIAN – BAHAMAS OPEN FOR BUSINESS

September 3, 2019By @BahamasFSBBFSB News, Industry News

FOR IMMEDIATE RELEASE From: Bahamas Financial Services Board Date: September 3, 2019 Declaring the impact of Hurricane Dorian on the Northern Bahamas, “an historic tragedy,” Prime Minister the Most Hon. Dr. Hubert Minnis led a NEMA press conference at The National Emergency Management Agency (NEMA) headquarters, yesterday September 2, 2019 as Dorian continued to impact … Read More

BFSB Hosts Its Annual International Business & Finance Summit (IBFS) In Bimini

March 14, 2019By @BahamasFSBBFSB, BFSB News, Industry News

The Bahamas Financial Services Board hosted its annual International Business & Finance Summit (IBFS) at the Hilton Resorts World Bimini on February 28th through March 2nd. Delegates heard from both local and international speakers. This year’s theme was, “Balancing Change with Continuity” which focused on giving delegates insight into the current regulatory environment and key … Read More

Legislative Developments – December 2018

January 25, 2019By @BahamasFSBIndustry News, Latest

ADDRESS BY HON KEVIN PETER TURNQUEST (28 NOVBEMBER 2018) BUSINESS LICENCE AMENDMENT BILL 2018 COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS) BILL 2018 Movement for Commercial Entities – 10 December, 2018 Movement for ROBO NON-PROFIT ORGANISATIONS BILL 2018 PENAL CODE (AMENDMENT) BILL 2018 REGISTER OF BENEFICIAL OWNERSHIP BILL 2018 REMOVAL OF PREFERENTIAL EXEMPTIONS BILL 2018

EU Related Legislation

January 4, 2019By @BahamasFSBIndustry News, Legislation

REGISTER OF BENEFICIAL OWNERSHIP ACT, 31 DECEMBER 2018 GAZETTE (PDF) COMMERCIAL ENTITIES (SUBSTANCE REQUIREMENTS ACT), 21 DECEMBER 2018 GAZETTE (PDF) REMOVAL OF PREFERENTIAL EXEMPTIONS ACT, 21 DECEMBER 2018 GAZETTE (PDF)

Statement from the Hon. K. Peter Turnquest, Deputy Prime Minister and Minister of Finance Regarding Financial Sector Reform

January 3, 2019By @BahamasFSBBFSB News, Industry News, Latest

In an effort to enhance the Financial Services Sector, the Government of The Bahamas is developing a new framework aimed at strengthening industry regulations and protecting revenues to the Public Treasury. By demonstrating our commitment to global standards, we are working to maintain The Bahamas’ competitive edge as a global leader in the financial services … Read More