Search results for : Deloitte Touch
Lightbourn: Name Resolve loan holders
Lightbourn: Name Resolve loan holders
Montagu MP Richard Lightbourn yesterday said the secrecy surrounding the entities behind $100 million in bad loans transferred from Bank of The Bahamas (BOB) to Bahamas Resolve Ltd. is "unacceptable", adding that the government has an obligation to inform the public of the identity of the parties.
Lightbourn told Guardian Business that it was "not asking too much" of the government to disclose not...
PM: We didn't want to do it
PM: We didn't want to do it
Prime Minister Perry Christie said his administration did not want to create an entity to take over bad commercial loans from Bank of The Bahamas. He said he was forced to do so "by policy".
Addressing the House of Assembly in response to a debate contribution by Free National Movement (FNM) Montagu MP Richard Lightbourn, Christie said the government was "obliged by policy to protect the bank and ...
BOB must re-instill confidence, says Smith
BOB must re-instill confidence, says Smith
The man in charge of Bahamas Resolve Ltd. (Resolve), the company created to receive $100 million of Bank of The Bahamas' bad debt in October, said the bank must "re-instill confidence in itself" while Resolve forges its debt recovery policies for 2015.
Recently-appointed head of Resolve's board of directors James Smith told Guardian Business the sluggish economy will continue to create "issues". T...
City/Financial Bowling League
City/Financial Bowling League
City Bowling League
Monday October 20, 2014
Checkers Cafe vs. Commonwealth Electrical
The Discoverers vs. BEC Shockers
Telco Enterprises vs. Bahamasair Flyers
Ten Back Strikers vs. The Knights
Carib Construction vs. Giga Tech
TK Falcons vs. City Leaguers
Financial Bowling
League Wednesday
October 22, 2014
Sunshine Insurance vs. BTC
Forsythe Communications vs. Rubis Oil Stars
Strike Force vs. Delo...
Swift Swimming to host open water swim on Saturday
Swift Swimming to host open water swim on Saturday
Swift Swimming Club is set to host its Open Water Swim this Saturday at Palm Cay, covering 1.6 kilometers (k) and five kilometers for the various age groups.
Registration and check-in will begin at 8 a.m., and the race itself commences at 10 a.m. The event will feature five categories (10-and-under, 11-12, 13-19, 20-49 and 50-and-over), and all participants must be current Bahamas Swimming Federat...
Don't be afraid to teach those around you
Don't be afraid to teach those around you
Name: Shonalee Munroe
Industry position: Vice president of operations.
Education and training: CPA; successfully completed series 6 and 7 examinations as well as STEP diploma.
Career: Investment fund services.
What attracted you to the sector?
I got my first real look into the working of the industry while I was employed at Deloitte and Touche Nassau and seconded to the Securities Commission of...
Financial Bowling League
Financial Bowling League
The top player in the Financial Bowling League on Wednesday night was Phillip Davis of the Moonlight Strikers with a 217 high game and a 600 three-game set. Greg Taylor of Strike Force earned the men's runner-up player of the evening award with a 579 second high set, while a 213 second high game came from Stan Coleby of Forsythe Communications. The ladies were led by Xynea Johnson of the Fidelity ...
FATCA compliance 'progressing'
FATCA compliance 'progressing'
The Bahamas' compliance under the Foreign Account Tax Compliance Act (FATCA) is "progressing," according to a stakeholder.
Lawrence Lewis, a partner at Deloitte & Touche who is leading his firm's work on FATCA, said that while the government is moving forward to implement the Model I Intergovernmental Agreement (IGA) and could be officially signing on in early 2014, the Bahamas still needs to intr...
Rotary Polio Eradication Commitment
Rotary Polio Eradication Commitment
A highly infectious disease, polio causes paralysis and is sometimes fatal. As there is no cure, the best protection is prevention...
Swift Swimming set to stage open water swim race
Swift Swimming set to stage open water swim race
Swift Swimming Club will be hosting the first open water swim race of the new swim season.
The 1.67 kilometer (k) and 5k events are being sponsored by Deloitte & Touche, Starbucks, Palm Cay and Chives. It will take place Saturday, September 28, at Palm Cay...