Ginn Modifications of Provisions Bill Passed

Nassau, Bahamas - The following are speaking notes from Prime Minister Hubert Ingraham on tonight's debate
and passage of a Bill to modify provisions agreed to for the former Ginn
development in West End, Grand Bahama.

My Government
has tabled a Bill to amend the Modification of Provisions (Ginn LA-West
End Grand Bahama) Act. 

 

This honourable
House may recall that in 2005, the ...

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Central Bank modifying liquidity risk management framework

More changes are on the way for financial institutions as the Central Bank of The Bahamas is planning on modifying its framework on the management of liquidity risk, with the institution aiming to align that specific segment with international practices.
The move comes after the Central Bank reviewed the 2005 guidelines for the management of liquidity risk and wanted to bring it to conformance wit...

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Money Laundering Reporting officer Guidelines Modified

Changes have been made to the process of becoming a money laundering reporting officer (MLRO) in The Bahamas, with the head of the local compliance organization saying it will filter out those who are not fully qualified for the job.

President of the Bahamas Association of Compliance Officers (BACO) Kesna Pinder told Guardian Business the revised guidelines for becoming a MLRO in the country wi...

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Petit Brothers opening 'Modification 2D'

Thursday 12th February 2009  7:00 PM

The opening night celebration will be on February 12, 7-9pm.

Show runs from February 10 until March 10 at the Ladder Gallery, New Providence Community Centre, Blake Rd.

Call 242-327-1660 for more information.

Court of Appeal affirms intentional libel conviction of Omar Archer Sr

NASSAU, BAHAMAS — The Court of Appeal has upheld the intentional libel conviction of outspoken political activist and social media commentator Omar Archer Sr.  The Court also replaced his original three-month custodial sentence with a 14-day imprisonment term and a $5,000 fine and awarded compensatory damages to the complainant in the sum of $5,000. Archer [...]

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Polytechnic Institute Under Construction and Coming Soon

The Ministry of Education and Technical and Vocational Training’s Polytechnic Institute is coming soon.

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Cleveland Clinic Researchers Working to Create Universal Flu Vaccine

Every year, a new flu shot is created based on different factors, like which types of the virus are expected to be the most common.

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New UB Research Study Reveals Data on Abuse of Men in Intimate Relationships with Women

Men are reporting that their intimate partners are inflicting physical and sexual abuse both within marriage and in non-married heterosexual relationships, according to a new study that casts a spotlight on the phenomenon that many consider taboo.

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$80 million PPP for South Bimini Airport

NASSAU, BAHAMAS — The Ministry of Tourism, Investments, and Aviation has announced that the government has signed a management agreement for a public-private partnership for the redevelopment of the South Bimini International Airport with Bimini Airport Development Partners Limited. The management agreement allows a 30-year concession to manage the airport with firm commitments to invest [.....

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Securities Commission partners with UB and University of Cambridge to offer exclusive Fintech programme

NASSAU, BAHAMAS — The Securities Commission of The Bahamas (the Commission) announced an exclusive five-year licensing agreement to offer the Cambridge FinTech and Regulatory Innovation (CFTRI) Programme at the University of The Bahamas, during the inaugural D3 Bahamas Web3 and FinTech Conference. The collaboration is in keeping with the Government of The Bahamas' strategy - [...]

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