IOSCO: Meeting the Challenges of a New Financial World

June 17, 2015By @BahamasFSBAsset Management, Industry News, Securities Industry

[The International Organization of Securities Commissions](http://www.iosco.org/) (IOSCO) met this week at its Annual Conference in London to progress its work across its policy, research, capacity building and co-operation agenda. IOSCO’s private meetings preceded public sessions focusing on the theme of Building a New Financial World which will focus on conduct standards, financial innovation and the … Read More

Commonwealth Bank Limited Lists Preference Shares

April 24, 2015By @BahamasFSBBISX, Members in the News, Securities Industry

The Bahamas International Securities Exchange ([BISX](http://www.bisxbahamas.com/)) announced today that [Commonwealth Bank Limited](http://www.combankltd.com/) (“CBL”) has successfully completed the listing process for its Class E,J,K,L,M and N Preference Shares (The Preference Shares). The Shares have been added to the roster of securities listed on the Exchange and will trade through the BISX Automated Trading System (BATS). Each … Read More

Strengthened Global Securities Markets – Drivers of Economic Growth

February 13, 2015By @BahamasFSBIndustry News, Securities Industry

During a [meeting](http://www.iosco.org/news/pdf/IOSCONEWS366.pdf) in Seoul this week, the Board of the International Organization of Securities Commissions (IOSCO) discussed and progressed policy, organizational and strategic issues. In particular, it pushed forward its work on securing strong, safe and efficient securities markets, which are drivers of global economic growth. Chairman Greg Medcraft said: *”Our work plan underscores … Read More

New BISX Sponsor Member – The Winterbotham Trust

March 17, 2014By @BahamasFSBAsset Management, BISX, Industry News, Members in the News, Securities Industry

The Bahamas International Securities Exchange (BISX) announced today that The Winterbotham Trust Company Limited (Winterbotham) has been approved as a BISX Sponsor Member. Winterbotham, the seventh Sponsor Member to join BISX, has been added to the roster of eligible Sponsor Members that are qualified to introduce mutual fund listings to BISX. The firm brings to … Read More

U.S. And France Sign FATCA IGA

November 14, 2013By @BahamasFSBInternational Issues, Securities Industry

The Treasury today has announced that the United States has signed an intergovernmental agreement (IGA) with [France](http://www.treasury.gov/resource-center/tax-policy/treaties/Documents/BilateralAgreementUSFranceImplementFATCA.pdf) to implement the Foreign Account Tax Compliance Act (FATCA). This makes [10 FATCA IGAs](http://www.treasury.gov/resource-center/tax-policy/treaties/Pages/FATCA-Archive.aspx) signed to date. *”France has been an enthusiastic supporter of our effort to promote global tax transparency and critical to drafting a model of … Read More

SCB Signs IOSCO MMoU At Official Ceremony

September 27, 2013By @BahamasFSBIndustry News, International Issues, Securities Industry

The Securities Commission of The Bahamas joined nine other regulators in Luxembourg on Wednesday 18 September for the official signing ceremony for new signatories to the International Organization of Securities Commissions’ (IOSCO) Multilateral Memorandum of Understanding (MMoU) Concerning Consultation and Cooperation and the Exchange of Information. The ceremony was held during IOSCO’s 38th Annual Conference. … Read More

SCB Appoints Interim Executive Director

September 11, 2013By @BahamasFSBIndustry News, Securities Industry

The [Securities Commission of The Bahamas](http://www.scb.gov.bs) announced today that Mr. Hillary Deveaux has been appointed the Interim Executive Director of the Commission, effective 11 September 2013. Commission Chairman Tonya Bastian Galanis congratulated Deveaux on his appointment. *“Mr. Deveaux brings extensive experience in the capital markets, broad and deep knowledge of the securities industry, international contacts … Read More

BISX All Share Index

August 22, 2013By @BahamasFSBBISX, Industry News, Securities Industry

The [Bahamas International Securities Exchange](http://www.bisxbahamas.com) (BISX) has released its All-Share Index and trading statistics for the six month period ending June 30, 2013, with comparison to the same period of 2012. The report shows that for the six month period the Index closed at 1,406.66. This represents a year to date increase of 60.40 or … Read More