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Bahamas Adopts Unique Approach to Automatic Information ExchangeOn October 27 The Bahamas committed to the G20/OECD Standard on the Automatic Exchange of Information. The Bahamas has always maintained that it would implement the Standard outside of the terms of the Multilateral Convention of the Mutual…
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Bahamas Signs FATCA IGAAfter substantially agreeing the terms of its IGA on April 17, 2014, on November 3rd The Bahamas completed the necessary formalities and signed the intergovernmental agreement with the US Treasury relative to implementing FATCA.
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Bahamas Rolls Out ICONIC New Product- the Investment Condominium (ICON)In August and September The Bahamas promoted the new ICON in Brazil and Mexico. ICON is a new structure for the organization of an investment fund under Bahamian law. While ICON has no legal personality, it is deemed able to hold assets in its…
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Bahamas Headlines Conferences in Key Markets Brazil, Mexico, Asia and MiamiOver the last four months the Ministry of Financial Services (MFS) and the Bahamas Financial Services Board (BFSB) have headlined conferences in major markets.
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Major Asian Promotion One of China’s major investment conferences targeting Asian investors was the anchor event of a two-week promotional programme by the Ministry of Financial Services and the Bahamas Financial Services Board (BFSB).
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The Bahamas Scores Higher in Annual Ranking by The BankerThe Bahamas retained its 4th place among specialized financial centres in The Banker’s annual ranking of international financial centres. Significantly, though, The Bahamas score increased by 27 per cent in the 2014 rankings as compared to…
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