By NEIL HARTNELL

Tribune Business Editor

THE ABILITY to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a senior attorney noting they were "more regulated" than domestic companies.

Bryan Glinton, partner in the Glinton, Sweeting & O'Brien law firm, said that despite the "total revamping" of the IBC Act in the wake of the Bahamas' 2000 'blacklisting', and the fact they were more heavily regulated than Companies Act firms, regulators were still reluctant for Bahamians to use these vehicles.

Attributing thi ...

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