The Bahamas Investor

...ciary expertise, fund administration, investment management, digital asset financial services, insurance solutions, and corporate and merchant banking capabilities. Building on this foundation, Morton is concentrating on taking the bank to the next level. “I’m focused on the business strategy for the continued differentiation and growth of Deltec Bank,” she says. “The priority is to leverage our strengths as we continue to invest significantly in......

...organization and also called for the government to establish a ministry of financial services. “We are going to have to address regulatory reform and I would hope that within five years we would have a single regulator within the financial services industry. We need to complete the consolidation.” Audio content loading … please standby [audio:http://www.dupuch.com/tbi-media/NassauConf-Look_ahead-Brian_Moree-june_15_2011.mp3] The leading legal prac......

...e in Geneva June 20 and 21. Newly appointed Minister of Financial Services Ryan Pinder, will travel to London to participate in the Landfall event there. “We are very pleased to have the Minister’s involvement in London,” said Aliya Allen (left), BFSB chief executive officer and executive director. “His presence and participation will send a strong message on the importance of the financial services industry to The Bahamas and the government’s com......

...ir Arthur Foulkes May 10 at Government House. The new Ministers are: Bernard Nottage, Minister of National Security and Government Leader in the House of Assembly; Obediah Wilchcombe, Minister of Tourism; Jerome Fitzgerald, Minister of Education Science and Technology; Ryan Pinder, Minister of Financial Services; Allyson Maynard Gibson, Attorney General and Minister of Legal Affairs; Damian Gomez, Minister of State in the Ministry of Legal Affairs......

...e Minister are the Minister for Financial Services and International Trade Ryan Pinder and State Minister for Investment in the Office of the Prime Minister Khaalis Rolle. Prime Minister Christie is expected to offer assurances of The Bahamas’ commitment to the relationship between the two nations as they continue to find ways to work with each other, both bilaterally and within a regional context on a number of issues including trade and technica......

...ed 737-700s delivered as of March 31, 2014. NOTE REGARDING USE OF NON-GAAP FINANCIAL MEASURES The Company’s unaudited consolidated financial statements are prepared in accordance with GAAP. These GAAP financial statements include (i) unrealized non-cash adjustments and reclassifications, which can be significant, as a result of accounting requirements and elections made under accounting pronouncements relating to derivative instruments and hedging......

...y of compliance The Bahamas has always guarded its reputation as a premier financial services centre zealously as this sector has been the driver of our middle class and has led to advancements in the areas of information, communication, technology and education. It is a sector in which policymakers have ensured that The Bahamas adopts best practices in order for the jurisdiction’s citizens to maintain their way of life. The first direct call for......

...estor interviewed three such up-and-coming, “home-grown” executives at top financial services providers who are well on their way to the top. Scotia’s Dwight Burrows, 38 Scotiabank’s Freeport branch manager, Dwight Burrows, has enjoyed a varied and challenging 20-year commercial banking career that has taken him all over The Bahamas–allowing him to combine his passion for his work with his love of the outdoor life. He got his foot in the door as a......

...remarkable. There is perhaps no sector that is evolving more rapidly than financial services, and our clients are facing a host of competitive and regulatory pressures. It requires us to stay ahead of that wave of change and understand how client needs are evolving.” For EY Bahamas, which offers assurance, tax, transactions and advisory services, understanding its clients’ needs means close integration with the company’s New York office, as most......

...es centre.” “The Bahamas’ forward-thinking legislation enables innovative and flexible products that allow the financial services industry to provide a higher level of expertise to a family’s international planning portfolio,” says Ryan Pinder, chief legal officer and head of wealth management, Deltec International Group and former Minister of Financial Services. Established in Nassau in 1959, Deltec is one of the oldest private bank and trust gro......

...for enhancing the integrity of the second pillar of the Bahamian economy, financial services. He told the gathering that the future of compliance is bright, as technology will change the way compliance programmes are executed. Darville stressed that recent events in the global economy has heightened the importance of the compliance field. He made it clear that compliance is not only crucial to the financial services industry, but to almost every......

...ion of Compliance Officers (BACO ) made a courtesy call on the Minister of Financial Services and Local Government Hope Strachan, February 23, at the Ministry of Financial Services. Pictured: (from left) Financial and Trade Officer (Ministry of Financial Services) Kendrick Anderson; Immediate Past President (BACO) Shasta Treco-Moxey; Financial and Trade Officer (Ministry of Financial Services) Khaliah Brown; Consultant (Ministry of Financial Servi......

...hy is not the only selling point. Legislation governing and protecting the financial services sector plays an important part in maintaining the presence of The Bahamas’ number two industry behind tourism. “We have very modern and efficient legislation,” says Coquoz. “If you look at most of the laws impacting financial services, they are less than seven years old.” In late 2003, the Investment Funds Act was relaunched to pave the way for legislativ......

...early 1950s under the leadership of Stafford Sands. He created tourism and financial services as the two pillars of our economy and the model we adopted turned out to be hugely successful,” says J Barrie Farrington, a retired hotelier with 40 years experience in the hospitality industry. “We were far ahead of the Caribbean islands and Mexico.” The advent of independence marked a new chapter in the further development of these sectors and their suc......

...vestment Authority (BIA), runs through February 22. Speakers include chairman of the Grand Bahama Port Authority Ian Fair, Minister of Financial Services Ryan Pinder and Minister of State for Investment Khaalis Rolle. cmorris@dupuch.com......