The sector’s increased intermediation of funds, together with the government’s desire to rationalize the financial regulatory landscape, have significantly influenced its decision to bring credit unions within the regulatory and supervisory remit of the Central Bank. The transition project is currently in the consultation phase.

Local tourism organizations are set to partner with the Florida Caribbean Cruise Association (FCCA) to run a seminar entitled “Tourism Opportunity, Awareness and Training," according thebahamasweekly.com. Designed to enhance the Grand Bahama cruise product offering, the seminar is scheduled for early next year.