The Bahamas Investor

...The Central Bank of The Bahamas governor John Rolle says that plans are being finalised for a new building for the regulator in Nassau.......

...The Central Bank of The Bahamas Governor John Rolle says that there has been a positive response to the pilot of the Sand Dollar digital currency on Exuma, with around 1,200 digital wallets being created.......

...ple. Pictured: (from left) Jay Joe, Chief Executive Officer – NZIA Limited, Simon Kim, Managing Director – NZIA Limited, John Rolle, Governor – Central Bank of The Bahamas. (Central Bank of The Bahamas Photo) Source: Central Bank of The Bahamas.......

...lenge and to perfecting our responses to the unexpected. Also we look forward to being proactive and innovative in how we inspire reforms for the benefit of The Bahamas.......

...n instances where the items were not relevant, for example in requiring Proof of Registration with The Securities Commission of The Bahamas. In the end, as with any other applicant, we presented all relevant information to the BISX Membership Committee who made the decision to approve the Central Bank. We would like to thank the Governor and staff of the Central Bank for their assistance during this review process.” Central Bank Governor, John Rol......

...The Sand Dollar digital currency has been launched in Exuma. The Central Bank of The Bahamas Governor John Rolle explains why the new virtual currency is being trailed in that region before being rolled out across the archipelago.......

...ith the emerging leaders of their tourism team to discuss and prepare them for the future of the tourism industry. Director general at MOTA Joy Jibrilu, and deputy director general Ellison Thompson, joined executive director of global sales Bridgette King, for the three-day gathering that brought together the first cadre of talented young professionals that will help propel MOTA into the future. Pictured: (from left) Andre Miller, director, global......

...stria Hungary Portugal Belgium Iceland Romania Bulgaria Ireland Slovak Republic Cyprus Latvia Spain Czech Republic Liechtenstein Sweden Denmark Lithuania The Netherlands Estonia Luxembourg United Kingdom Finland Malta France Norway Greece Poland The objective of AIFMD, a directive of the European Parliament and Council, is to create a comprehensive regulatory framework for AIFMs either operating from the European Union or marketing AIFs there. AIF......

...me sector, according to Carl-Gustaf Rotkirch, chairman and chief executive officer of the Grand Bahama Shipyard. Freeport is located on a major shipping route and will see increased maritime traffic when the Panama Canal expansion project is completed in 2015, he said. “We are one of the few that can accommodate the new business that we are expecting in that region. I believe that will be a good boost for us.” The shipyard, which opened in 2000 an......

...The Central Bank of The Bahamas Governor John Rolle says that he expects continued gradual improvement in financial sector indicators, as the economy expands further in 2019. His comments come following the bank’s publication of the latest Monthly Economic and Financial Development report. Read/download his full comments here: Remarks by The Governor......

...exities of current AML/CFT environment. Addressing the event this morning, Minister of Finance Peter Turnquest highlighted the difficulties of the current financial landscape, saying: “We operate in an environment of constant change. To stand among the best in the financial services industry there is no room for complacency. Complacency makes you obsolete and can threaten your access to markets. As a jurisdiction, we must be highly engaged, we mus......

...pany Limited, Fabrizio Tuletta of EFG Bank & Trust (Bahamas) Ltd, Rochelle Rolle of Julius Baer Bank & Trust (Bahamas) Ltd were also accepted and they will serve as directors for the 2018-2020 term. The Board complement was rounded out with the renewal of two-year terms for Shira Newbold of Intertrust (Bahamas) Ltd, Christine Russell of Corner Bank (Overseas) Ltd., Antoinette Russell of Credit Suisse Trust Ltd, Daniel-Marc Brunner of Syz Bank & Tr......

...ay and tomorrow. Speakers on the agenda include Central Bank governor John Rolle, governor of the Eastern Caribbean Central Bank Timothy Antoine and CAB chairperson Joanna Charles. Popo said the annual event is a highly anticipated part of the CAB’s calendar and a chance for the regional industry to network. “It is hugely important for industry players to come together to exchange ideas and share best practices.” The CAB formed in 1974 and has 77......

...The Central Bank of The Bahamas Governor John Rolle brought remarks at The Bahamas Anti-Money Laundering and Countering the Financing of Terrorism Risk Management Conference held earlier this week in Nassau. Read/download the full speech here: How the Bahamian Financial System Serves Bahamian Society: Why Our AML/CFT Reputation is Important......

...ravelling to St Lucia to attend the 40th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM). On the sidelines of the meeting, the Prime Minister urged CARICOM to work closely with regional tourism organizations, such as the CTO, to enhance the visitor offering through better analysis of data. “It is only through the use of empirical data that we will be able to effectively implement marketing and producti......