The Bahamas Investor

...and Janelle Sands from BFSB and superintendent Michele Fields of the ICB, accompanied by Patrice McDonald and Kimberly Kemp-Rolle, also of the ICB.......

...ervices will host the workshop in partnership with the Bahamas Association of Compliance Officers (BACO) on the US Foreign Accounts Tax Compliance Act (FATCA) at the British Colonial Hilton Hotel in Nassau, The Bahamas. The workshop will be facilitated by United States Treasury Department officials from the International Tax Counsel and the International Revenue Service (IRS). In a press release, the Ministry of Financial Services said that it vie......

...we are pleased to be delivering on that promise,” says BTC chief executive officer Geoff Houston (pictured). “We have been able to meet our self-imposed deadlines through the hard work and dedication of our entire team and employing some 200 Bahamian construction workers since we began with the Mall at Marathon project late last year.” According to Sophia Hart-Rolle, Exuma manager, the island is ready for the new look and feel. “We had to close th......

...line partner for the Florida Panthers of BB&T Center. Greg Rolle, director of sports for the MOT, said the MOT “has been working closing with the Florida Panthers over the past year, and the relationship has proven mutually rewarding for both the Islands of The Bahamas as well as members, players and fans of the Florida Panthers.” “The economic benefit that comes as a result of this type of partnership extends beyond sporting. It results in job cr......

...rand Bahama Port Authority (GBPA) yesterday. Sarah St George, the daughter of former chairman, the late Edward St George, assumes the position of Vice-Chairman. Mr Fair will guide the strategic direction of the organisation and focus on maximising growth opportunities for Freeport and Grand Bahama. He will work closely with GBPA president Ian Rolle and the current executive team to develop new strategies for development, and build on already exist......

...tion.” This could be achieved, he said, if new attorneys honoured the Code of Professional Conduct. The chief justice said it was their “solemn obligation” to know and comply with the code, as it was what they had sworn to do. “Simply put, your job is to help ensure that the system works,” he said. “It is your job not to give sustenance to the notion that the intervention of lawyers has the inherent consequence of delaying or hindering the efficie......

...ommerce and Employers Confederation (BCCEC) has announced the introduction of a new service for members and businesses: The BCCEC Human Resource & Labour Help Desk. (Members of the BCCEC from left to right are: Brian Nutt, Ian Ferguson, Winston Rolle and Peter Goudie) By calling the BCCEC Help Desk at 242 322-2145 or 242 322-3320, members can request the assistance of a human resource consultant at reduced rates. Businesses can ask advice on sourc......

...place in Zurich, Geneva and London. The high-level delegation included the Minister of Financial Services Ryan Pinder, BFSB chairman Paul Winder and BFSB chief executive officer and executive director Aliya Allen, along with other Bahamian industry leaders. At the London event, held in the Mandarin Oriental Hotel in Knightsbridge on June 25, Minister Pinder spoke about the advantages The Bahamas has in financial services and highlighted the benefi......

...irgil-Rolle, director of financial services, pointed out that the movement of foreigners throughout The Bahamas for international business, finance and trade is expected and encouraged. She also stressed that it is the Department of Immigration’s duty to facilitate this movement in accordance with the country’s immigration laws and policies. “The Ministry of Financial Services and the Department of Immigration are pleased to advise the public of t......

...ening of the technical presentation, managing director and chief executive officer of the BFSB Aliya Allen said that The Bahamas offered a wide range of products and services to high-net-worth individuals looking to invest. “Through our complete suite of products, excellent customer service and one of the most well-educated workforces in the region, we have ensured that The Bahamas has a large range of options for investors,” she said. Bryan Glint......

...en, Chinese ambassador to The Bahamas; and Fred Mitchell, Bahamas Minister of Foreign Affairs and Immigration. During his keynote address, Mitchell noted that he was pleased that the students received this opportunity not only to receive a tertiary education, “but to be ambassadors of our nation, to share with the people of China the richness of our heritage, traditions and culture.” Below is the list of scholarship recipients and their areas of s......

...ociations, such as fund administrators and independent financial advisors. Minister of Financial Services Ryan Pinder gave the opening address, outlining government plans to preserve The Bahamas’s standing as a well regulated, but innovative international financial centre. The event was sponsored by the Ministry of Financial Services. BISBA president Brian Jones of UBS (Bahamas) Ltd moderated a panel discussion that included Linda D’Aguilar, partn......

...es at the British Colonial Hilton last week. The session was titled: Crowdfunding and SME: A New Way to Fund Your Business. The seminar aimed to further educated entrepreneurs and small business owners about the use of crowdfunding to raise capital. Photo caption: Prime Minister (centre), with Minister of Financial Services and Local Government Hope Strachan, third left; executive director of the Securities Commission of The Bahamas Christina Roll......

...As part of the launch, the commission paid courtesy calls on the Minister of State for Finance Michael Halkitis, Minister of Financial Service Hope Strachan and held meetings with the project team and other industry stakeholders including representatives from the Association of International Banks and Trust Companies as well as representatives from the Bahamas Financial Services Board ’s funds working group. The legislation will address concerns......

...– De La Rue congratulates The Central Bank of The Bahamas on the occasion of the launch of the new $10 banknote, the world’s first circulating note with its Active™ security thread. The new $10, launched today, has been designed and printed by De La Rue in close collaboration with the Central Bank. Using concept designs provided by the Bank, this note is a world first for a fully circulating banknote with De La Rue’s Active™ security thread and t......