'GAME CHANGER' NOW ESSENTIAL IN FINANCIAL SECTOR

Sun, Sep 4th 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business
Editor

THE financial services industry "needs a major game changer" such as allowing foreign attorneys to practice from this nation in non-Bahamian legal matters, a leading accountant telling Tribune Business this was critical to attracting the ultra high net worth individuals necessary to revive the economy.

Raymond Winder, managing partner at Deloitte & Touche (Bahamas), said such moves were necessary if the Bahamian economy was to grow at a rate high enough to absorb the 38,000 Bahamians who were either listed as unemployed, or 'not looking' for work, in the Department of Statistics' May 2011 Labour Force survey. Not to mention th ...

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