Search results for : Regulatory Institutions
Consolidation coming for regulatory bodies
December 30, 2010
Consolidation coming for regulatory bodies
Government’s plans to amalgamate the three regulatory bodies of the financial services industry are on track, with significant progress anticipated next year.
The move aims to bring the Securities Commission, the Insurance Commission and the Bank Supervision Department of The Central Bank of The Bahamas together, to improve efficiencies and offer better service to those institutions who fall...
October 28, 2020
Amidst Covid-19, local company launches online training in Anti-Money Laundering
Local risk and compliance company Accord Services announces the launch of AccordReady©, The Bahamas’ first digital training solution designed to help financial professionals manage the threat of financial crimes, including anti-money laundering, terrorist financing, and fraud...
The Office of the Attorney General and Ministry of Legal Affairs-Public Statement on FATF ICRG Announcement
October 30, 2018
The Office of the Attorney General and Ministry of Legal Affairs-Public Statement on FATF ICRG Announcement
The Caribbean Financial Action Task Force (CFATF) conducted a mutual evaluation of The Bahamas during an onsite visit (November 30, 2015 to December 11 2015)...
Our shifting offshore sector
March 10, 2014
Our shifting offshore sector
We look at The Bahamas no longer as a banking center... but as a service center.
- Beat Paoletto, managing director and CEO of UBS Bahamas
This week, the ground underpinning The Bahamas' financial services sector shook with the announcement that UBS Bahamas Limited will close its private banking unit here over the next 10 months, resulting in the displacement of 70 staff members. In June last yea...
Statement from the Hon. Peter Turnquest, DPM and Minister of Finance Regarding Financial Sector Reform
January 03, 2019
Statement from the Hon. Peter Turnquest, DPM and Minister of Finance Regarding Financial Sector Reform
In an effort to enhance the Financial Services Sector, the Government of The Bahamas is developing a new framework aimed at strengthening industry regulations and protecting revenues to the Public Treasury...
January 15, 2019
CIBC FirstCaribean's Kerry Jordan Named to BAFT's Future Leaders Program Class of 2019
BAFT, an international financial services association, recently announced its Future Leaders program class of 2019 and for the first time an employee of a regional bank has landed a place in the prestigious programme...
February 04, 2019
"Intellectual Capital Generated by CANTO, is Robust" says Newly Elected Chair of CANTO
Intellectual capital generated by CANTO, is robust” declared newly elected Chairman of CANTO, David Cox in his acceptance speech at CANTO’s 35th AGM. Mr. Cox who is the Head of Regulatory Affairs at Cable & Wireless...
January 04, 2019
Government Set to Enhance Financial Services Sector to Maintain Competitive Edge
The government is moving ahead to strengthen the financial services sector. The aim is to develop a new framework to enhance industry regulations and protect revenues to the Public Treasury...
Govt announces new financial services framework
January 04, 2019
Govt announces new financial services framework
The government announced a new framework yesterday that took effect January 1, aimed at leveling the playing field for financial institutions operating in The Bahamas, and further moving this country toward compliance with international standards imposed by the likes of the European Union (EU) and ...
Government will 'stay the course', as IMF reports signals positive movement on key issues
December 10, 2018
Government will 'stay the course', as IMF reports signals positive movement on key issues
The Government will stay the course with its fiscal strategy to boost economic growth, strengthen the fiscal balance and increase transparency and government accountability,” said K. Peter Turnquest, Deputy Prime Minister and Minister of Finance...
Search Options
Filter:
Sponsored Ads
