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Aliya Allen

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No 'wholesale panic' over G-20 automatic tax exchange push

The Bahamas must avoid “wholesale panic” over G-20/OECD efforts to drive the world to automatic tax information exchange, a leading private sector executive instead urging this jurisdiction to “increase” its financial services ‘value proposition’.

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Bahamas 'back in the game' on captive insurers

The international captive insurance industry is “happy to see the Bahamas is back in the game”, a senior private sector executive telling Tribune Business that diversification trends and this nation’s capital/fee requirements provided a potential competitive advantage.

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‘Major revisions’ sought over Commission’s records draft

“Significant revisions” are being sought to the Securities Commission’s draft guidelines on maintaining accounting records, with Bahamian financial providers fearing they currently place the industry “at a competitive disadvantage”.

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