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Interesting Global Trends in Wealth Management Industry Impacting The Bahamas
The DPM was Deputy Prime Minister and Minister of Finance the Hon. Peter Turnquest said globally, there are some interesting trends in the wealth management industry, which likely are impacting registrants, licensees and stakeholders in the investment funds, securities and capital markets in The Bahamas...
New legislation discussed at financial services industry forum
The Securities Commission of The Bahamas told financial and corporate service providers about its progress in overhauling the legislation governing the sector at a well-attended industry briefing recently.
The briefing was held at the British Colonial Hilton on August 8 and attracted over 120 representatives of financial and corporate services firms. The commission's executive director, Christina ...
Commission target charged with 7m fraud
Commission target charged with 7m fraud
A company that until last year operated from a "fictitious" Sandyport address, and was the subject of a Securities Commission of the Bahamas warning notice, has been charged by the regulator's US counterpart with perpetrating a worldwide fraud that raised more than $7 million from 14,000 investors
Barr becomes fourth Bahamian Inductee in Florida boxing hall
At 42, and in his first year of eligibility, native Androsian Freeman ?The Natural? Barr on Sunday was inducted in the Florida Boxing Hall of Fame.
Registrar General's Department launches E-Services
Registrar General's Department launches E-Services
The Government of the Bahamas officially launched its E-Services Business Registration Platform at Registrar General's Department on Shirley and Charlotte Streets, January 5, 2016.
Rolle: Aman HOA for Abaco Resort Today
Rolle: Aman HOA for Abaco Resort Today
The government is today expected to finalize the terms of its heads of agreement (HOA) for a $250 million six-star resort on Matt Lowe's Cay, Abaco with Amanresorts International, according to Minister of State for Investment Khaalis Rolle.
Baha Mar, a flagging economy and more bad news
Baha Mar, a flagging economy and more bad news
The Baha Mar mega-resort project has hit a big snag. Its developer, Sarkis Izmirlian, filed for Chapter 11 bankruptcy in the US state of Delaware on June 29. This is what one would call the sum of all fears!
According to the declaration sent to the US courts in Delaware, made by Baha Mar's CEO Tom Dunlap on behalf of its board of directors, essentially Baha Mar hit a cash-flow crisis resulting fr...
Baha Mar filing hints at lawsuits against China Construction
The resolutions of the board of directors of Baha Mar Ltd. (BML) - adopted June 29, 2015 - foreshadow the company's contemplation of lawsuits in connection with contracts for the design and construction of Baha Mar
VAT Dept. Preparing Revised Guides
VAT Dept. Preparing Revised Guides
Important Updates for Financial Services, Real Estate and Tourism. The Ministry of Finance and the VAT Department continue to incorporate private sector feedback into revision of the VAT guidance notes. The notes foreshadow the administrative framework for the VAT...
Ministry of Finance & VAT Department
Ministry of Finance & VAT Department
VAT Department Preparing Revised Guides: Important Updates for Financial Services, Real Estate and Tourism...