A former minister of state for finance yesterday said The Bahamas should explore joining forces with regional jurisdictions as a means of securing and protecting the offshore financial services sector.

Michael Halkitis, who served as a minister of state under the last Perry Christie administration, said while the legislative progress the government has made to shore up the financial services sector against scrutiny and sanction by international watchdogs over the past two years is notable, more could be done to shore up and bolster the sector.

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