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The Organization for Economic Co-operation and Development secretary-general Angel Gurría presented a report to the G20 leaders in St Petersburg in Russia yesterday on proposals on how to tackle tax evasion.

The report consists of two parts:

Part I is the Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes delivered to the G20 in April 2013.
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The Financial Stability Board (FSB) published yesterday the following documents delivered to G20 leaders for the St Petersburg Summit:

• a letter from the FSB chair, Mark Carney, to the G20 leaders, taking stock of the financial reforms since the global financial crisis and the major outstanding issues which call for the attention of leaders;
• a narrative progress report, setting out in summary, non-technical language the framework of financial reforms that the FSB is coordinating at the request of G20 Leaders and the remaining steps that need to be taken to complete the reforms;

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Eugene, OR — (SBWIRE) — 09/04/2013 — IDX, Inc., a leading provider of online real estate search applications, today announced the addition of the Bahamas MLS (BAHMLS) and Los Cabos MLS (LCMLS) to its network of Multiple Listing Service (MLS) data feeds. Now members of the BAHMLS and LCMLS have the opportunity to display and completely integrate MLS listings on their individual or office website by adding IDX search tools through IDX, Inc.’s primary MLS search application: IDX Broker.

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Sino-Bahama relations and HG Christie’s listing agreement with NDP Co top the business news agenda for ZNS Network this week. Watch the segment here.
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FORT LAUDERDALE, FL–(September 5, 2013)–Silver Airways is providing more travel destination options to its Florida customers with the addition of exciting new international destinations and enhanced domestic air travel options beginning November 21, 2013.

The carrier will launch new nonstop service from West Palm Beach to North Eleuthera and Freeport in The Bahamas, two nonstop flights each weekday between Orlando and Tallahassee, and two nonstop flights each weekday between West Palm Beach and Orlando that will give business and leisure travelers the only nonstop service between West Palm Beach and Orlando.

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Sept 5, 2013 (Huawei) — Huawei Marine Networks Co., Ltd. (Huawei Marine) announced today Bahamas Telecommunications Company (BTC) has selected Huawei Marine Optix BWS 1600S to upgrade the Bahamas Domestic Submarine Network International (BDSNi).

This system links more than 20 sites between Bahamas and Haiti and stretches across about 3,500 kilometers with the longest section of 343 km. It has played an important role in ensuring a robust telecommunications network, met the expanding requirements of e-Commerce, e-Education, e-Trade and e-Government on these islands.

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VANCOUVER, British Columbia, Sept. 4, 2013 /PRNewswire/ — ACL today announced that Advanced Disposal, an integrated environmental services company, has chosen ACL™ GRC to meet its expanded internal audit team’s risk management, governance, and global Sarbanes-Oxley (SOX) compliance needs.

Advanced Disposal provides collection, transfer, disposal and recycling throughout the U.S. and the Bahamas. Prior to selecting ACL GRC, Advanced Disposal’s global internal audit team needed a system that could be accessed by geographically-dispersed users. ACL’s cloud-based governance, risk management and compliance (GRC) technology provides SOX compliance users with 24/7 access, regardless of their location.

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Executives of the Data Protection Commission (DPC) pay a courtesy call on Rowena Bethel, director of the National Insurance Board (NIB), September 2, at NIB headquarters.

Get a tan while you invest: now is the ideal time to snap up that dream property, says Steve Irish.

SUN, SEA, sand and a sound investment. Too good to be true? Not for business-minded buyers with capital behind them: there has never been a better time to snap up that beach-front idyll.

While traditional Eurozone property investment hubs like Cyprus and Spain continue to languish, locations further afield have proven a safe haven for savvy buyers.

Barbados and the Bahamas are among the countries reaping the benefits of the Eurozone’s woes. High-end residential and commercial resorts are springing up to meet soaring demand and experts expect them to prove resilient investments.

The two nations, which book-end the Caribbean, share many positive attributes. Both are welcoming of foreign investment (unlike other territories such as Bermuda, which makes buying property difficult for foreign buyers) and offer an increasingly high standard of living. They share time zones with New York City and Toronto and both have currencies pegged to the dollar, making them ideal business hubs. You can also fly direct to both locations from London.

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This is an excerpt from City A.M. as it appeared on August 30, 2013. For updates or to read the current version of this post in its entirety, please click here.

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