Industry News

The Clearing Banks Committee and Group of Other Local Financial Institutions, in cooperation with the Central Bank of the Bahamas, recently issued a Public Notice to clarify requirements of new … Read More

Speaking at a workshop for international photographers and videographers in Nassau recently, the Chief Executive of investment firm Orbitex Management said the production industry should be encouraged to set up … Read More

It is anticipated that as a result of the supervisory regime being implemented, there will be a reduction in the number of managed banks operating in The Bahamas. Of the … Read More

The Bahamas supports the view that OFCs must meet the new – and evolving – international standards for the delivery of international financial services. The significant impact of international services … Read More

Enhanced Regulatory Regime For The Provision Of International Services G-7 Finance Ministers have said that in an increasingly integrated global economy – in which policy responsibility still lies mainly with … Read More

Ian Fair, Chairman Bahamas Financial Services Board BFSB Chairman Ian D. Fair last week addressed participants at the Grand Bahama Business Outlook Seminar on the changed environment within the financial … Read More

Continued Sound Economic Growth The Rt. Hon. Hubert A. Ingraham, Prime Minister of the Bahamas, spoke at the recent opening of the Bayside Executive Park, a $30 million commercial property … Read More

The Nassau Guardian has reported that Dr. Christian Alfred Hausmann, new German Ambassador to the Commonwealth of The Bahamas, has praised the concrete steps taken towards regulating its financial services … Read More