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Bahamas representsat STEP conference

The Bahamas Financial Services Board (BFSB) made sure this nation was well represented earlier this month at the annual Society of Trust and Estate Practitioners (STEP) Caribbean Conference.

The summit was held in Bridgetown, Barbados, from May 7-9 under the theme "Fast Forward: Future Thinking". STEP is the global professional association for practitioners who specialise in family inheritance and succession planning. The organisation works to improve public understanding of the issues families face, and promotes education and high professional standards among its members.

More than 250 delegates attended this year's conference to discuss topics that included:

  1. The Common Reporting Standard (CRS)

  2. Fake News, scandals and political uncertainty

  3. Data Security and Cyber Threats

  4. Terrorist Financing - Follow the Money

  5. Cryptocurrencies and Digital Assets - estate planning considerations

Next year's STEP Caribbean conference will be hosted in The Bahamas at the Baha Mar Resort.

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