IN ORDER to survive in a hostile financial services environment, the Bahamas is required to place its finger on the pulse of onshore markets. One way to achieve this is by incorporating onshore law firms and attorneys into its offshore financial serviceslandscape.

I agree with a recent article by Raymond Winder, managing partner at Deloitte &n Touche (Bahamas), concerning the opening of the Bahamas financial services sector to international attorneys with expertise in financial services. Now is a prime time to do so, before the industry collapses or fades into global irrelevance.

It has been suggested that there is a 'level playing field' due to compliance with the ...

By DAVID ALLEN

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