Search results for : Accountants
November 13, 2023
JUST THE BEGINNING: ArawakX principals say they look forward to their day in court
NASSAU, BAHAMAS — ArawakX, the country's first crowdfunding platform, says that it has every confidence in the country's legal system and looks forward to having its day in court, this after Chief Justice Ian Winder ruled that there is more than sufficient evidence of the company's insolvency to justify the appointment of a provisional liquidator. [...]
November 08, 2023
Insurance regulator concerned over underinsurance risk as reinsurance rates rise
NASSAU, BAHAMAS — The insurance industry regulator has expressed concern that the risk of underinsurance in this jurisdiction will increase, and access to insurance likely diminish as many reinsurers have not only raised their rates but reduced the amount of capacity offered to this region. Michelle Fields, the Insurance Commission's Superintendent of Insurance while addressing [...]
Securities industry regulator sees AML/CFT breaches in two thirds of licensee examinations
November 08, 2023
Securities industry regulator sees AML/CFT breaches in two thirds of licensee examinations
NASSAU, BAHAMAS — The Securities Commission's top executive yesterday revealed that the regulator 2024 will begin issuing administrative penalties for Anti-money Laundering and Counter-terrorism Financing, noting that such breaches accounted for nearly two-thirds of breaches in licensee examinations completed so far this year. "So far we have completed 32 examinations. We are in the process ...
November 08, 2023
The Bahamas still 24 months away from blue carbon credits listing
NASSAU, BAHAMAS — The Bahamas is still 24 months away from listing its blue carbon credits on an international stock exchange, it was revealed yesterday, with "all eyes" said to be on this nation as it aims to be a pioneer in the sale of its ocean-based blue carbon offset credits on the voluntary market. [...]
BPL Statement - Clarification of proposed late fee
November 09, 2023
BPL Statement - Clarification of proposed late fee
Bahamas Power and Light Company Ltd. (BPL) advises that the Company does not have plans to impose a late fee on its customers at this time.
November 09, 2023
BPL says it has no plans to impose late fee at tis time
NASSAU, BAHAMAS- Bahamas Power and Light (BPL) has clarified that the company does not have plans to impose a late fee on its customers at this time. BPL CEO Shavonn Cambridge while addressing a recent Bahamas Institute of Chartered Accountants (BICA) seminar, outlined numerous strategies to help the company address its considerable arrears while at [...]
November 09, 2023
BPL says it has no plans to impose late fee at this time
NASSAU, BAHAMAS- Bahamas Power and Light (BPL) has clarified that the company does not have plans to impose a late fee on its customers at this time. BPL CEO Shavonn Cambridge while addressing a recent Bahamas Institute of Chartered Accountants (BICA) seminar, outlined numerous strategies to help the company address its considerable arrears while at [...]
September 28, 2023
Accused robber denied bail in interest of public safety
A 25-year-old man accused of armed robbery was denied bail on Wednesday in the interest of public safety. Prosecutors objected to the release of Tarrico Bowleg, citing his alleged gang ties and the number of people on bail who have been killed. Bowleg was on bail for the 2021 murder of Indian accountant Biswajit Pati when ...
The post Accused robber denied bail in interest of public safety ap...
Getting the Tech Edge
September 26, 2023
Getting the Tech Edge
The Grand Bahama Port Authority (GBPA), in partnership with Quess Corp Limited and the University of The Bahamas (UB), launched the Tech Edge Upskilling Program focusing on training and job placement for Bahamians in the technology industry and aimed at establishing Grand Bahama as a technology and innovation hub. Organizers are looking to sign up ...
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STEP Bahamas conference gains interest at STEP LatAm
September 18, 2023
STEP Bahamas conference gains interest at STEP LatAm
STEP Bahamas, which held its first conference this year, received high levels of interest during this year's STEP (Society for Trust and Estate Practitioners) LatAm (Latin America) conference held in Bogota, Colombia, as the local group prepares for its second annual conference next year, a statement on The Bahamas' involvement explained. "There was a lot of interest ...
The post STEP Ba...
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