The Bahamas Financial Services Board (BFSB) and a small group of industry practitioners landed firmly in Sao Paulo for Bahamas Landfall: Destination Brazil 2013 which took place on May 16th at the trendy Hotel Fasano. The over 50 attendees included lawyers, family offices, asset managers and accountants. At the top of the agenda was the announcement of The Bahamas’ attainment of “A” signatory status, removing any barriers of utilizing The Bahamas’ popular SMART Fund to access investments abroad, a growing trend in Brazil as Brazilians seek to diversify their portfolios away from wholly domestic sources.
BFSB in Brazil