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| BAHAMAS
LAW AND TAX HEADLINES |
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RP Hedge Fund Lists On BISX
05/05/2008 |
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The Bahamas International Securities Exchange (BISX) has announced that the RP Hedge Fund Limited (RP Hedge Fund) has successfully completed the BISX Mutual Fund Listing Process, and has now been added to the roster of funds listed on the Exchange.
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STORY |
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Commons Report Finds UK Overseas Territory Risk Management Ineffectual
05/05/2008
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The Foreign and Commonwealth Office (FCO) is not doing enough to manage the risks arising from the UK's liability for the 14 Overseas Territories choosing to remain under British sovereignty, according to Edward Leigh, Chairman of the House of Commons Committee of Public Accounts.
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STORY
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UK Lawmakers Launch Offshore Inquiry
01/05/2008 |
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The House of Commons Treasury Committee has announced that it is to undertake an inquiry into offshore financial centres and their impact on global business and investment, and the international fight against money laundering.
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STORY |
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Bahamas And Chile To Strengthen Economic Ties
16/04/2008 |
Diplomatic ties between The Bahamas and the Republic of Chile are expected to strengthen under the provisions of the Economic Partnership Agreement with the European Union, according to Bahamian Governor General, Arthur Hanna.
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STORY
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Bahamas Launches Electronic ID Cards
15/04/2008 |
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The Bahamas Department of Immigration last week launched its fully integrated system for the issuance of Electronic Identification Cards.
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Paulson To Attend Annual Inter-American Development Bank Meeting
04/04/2008
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US Treasury Secretary Henry Paulson has announced that he will attend the 2008 Inter-American Development Bank (IDB) annual meeting in Miami next week.
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STORY
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Ingraham And Bush Meet For Bilateral Talks
28/03/2008 |
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The impact of both the Western Hemisphere Travel Initiative and global market instability, the development of a joint maritime base in Inagua and easier access to US based tertiary institutions were among matters discussed by Bahamian Prime Minister Hubert Ingraham and US President George Bush in meetings held at the White House last week.
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STORY |
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Caricom Leader Urges Members To Complete Single Market Reforms
11/03/2008 |
Speaking last week, Caricom Secretary-General Edwin Carrington stressed that time was not on the Region’s side, particularly with regard to safeguarding the security of the Community and to achieving the goal of a Single Market and Economy in the agreed timeframe.
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STORY
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Bahamian Mid-Year Budget Report Published
29/02/2008 |
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The Bahaman Minister of Finance, Hubert A. Ingraham has this week presented the 2007/2008 Mid-Year Budget Statement to the House of Assembly.
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Bahamas Ratifies International Maritime Labour Convention
20/02/2008 |
The Bahamas has ratified the International Maritime Labour Convention 2006, becoming the first country in the Western Hemisphere to do so.
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STORY
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EU Adopts Recommendations To Open Negotiations For Short Stay Visa Waiver
18/02/2008 |
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The European Commission on Friday took the first step towards the conclusion of short stay visa waiver agreements between the European Community and six third countries: Antigua and Barbuda, the Bahamas, Barbados, Mauritius, Saint Kitts and Nevis and the Seychelles.
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Bahamas And The Netherlands To Strengthen Financial Services Ties
13/02/2008 |
The Bahamas is seeking closer cooperation with the government of the Netherlands in the field of financial services, and is hoping to leverage the Dutch government's support to secure a level playing-field for financial services regulation within the OECD.
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STORY
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Bahamian E-Passport System Working Well, Minister Says
11/02/2008 |
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The multi-million dollar machine readable passport system is 'working fairly well' with over 550 e-passports issued since the official launch in December 2007, the Bahamian authorities announced on Thursday.
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Committee On Customs Co-operation To Be Set up Under EPA
08/02/2008 |
It was announced on Tuesday that a special Committee on Customs Co-operation and Trade Facilitation is to be established under the recently negotiated Economic Partnership Agreement (EPA) between CARIFORUM states and the European Union (EU).
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STORY
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Bahamas PM Calls For Bipartisan Support For Financial Services
04/02/2008 |
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A return to bipartisan support for the country’s financial services sector is needed so that the industry can be confident that government is committed to consistent and transparent regulation and policies, Prime Minister and Minister of Finance Hubert Ingraham told parliamentarians on Wednesday.
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Bahamas Ambassador To Washington Presents Credentials To President Bush
25/01/2008 |
Bahamian Ambassador to Washington, Cornelius A. Smith officially presented his credentials to United States President George W. Bush in a ceremony held on Tuesday, January 22, 2008
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Financial Services Industry Meets In Retreat
23/01/2008 |
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The 2008 Bahamas Financial Services Retreat was held last week at the Abaco Beach Resort & Boat Harbour in Marsh Harbour, Abaco, the Bahamas Financial Services Board has revealed.
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Article IV Consultation With The Bahamas Concluded
21/01/2008 |
The Executive Board of the International Monetary Fund (IMF) on Thursday published the results of its Article IV consultation with The Bahamas, which was concluded on November 26, 2007.
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Bahamas To Promote Financial Services Industry Globally
17/12/2007 |
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The Bahamas government plans to strategically promote and market its financial services sector within the international community and seek industry input into the negotiation of Tax Information Exchange Agreements (TIEAs), Minister of State for Finance Zhivargo Laing has announced.
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Bahamas To Consolidate Financial Services Regime
14/12/2007 |
The Bahamas government is consolidating the financial services regime so that companies will eventually answer to just one 'super regulator,' rather than the current five regulatory institutions, Minister of State for Finance Zhivargo Laing announced recently.
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STORY
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