10/31/2017

Changes to the JFSC Codes of Practice

The requirement for a custodian/depository to a closed-ended fund to have a minimum regulatory capital of £250,000, whereas the current requirement is £10,000.

10/16/2017

Imf's 'Well-Managed' Financial Contraction Findings Premature

The International Monetary Fund, in a paper accompanying its full Article IV report on the Bahamas, suggested that the financial services sector’s economic impact had “remained broadly stable” despite a 65 per cent contraction in bank an

10/11/2017

Meltdown

Professionals in the industry are now calling on the government to address these matters with a sense of urgency as the employment of thousands of Bahamians is at stake.

10/10/2017

Buy Your Citizenship With Bitcoin

The arrangement particularly benefits wealthy people from the most «troubled» countries, such as in Eastern Europe or Asia and Latin America.