The Press, both internationally and locally, is often maligned when it deals with matters of national importance in an aggressive way, even though, in the majority of instances, careful research of the facts...

The inaugural Barbados Risk & Insurance Management Conference, which will be held virtually from March 24-25, 2021 was launched via Zoom recently.

Barbados, with its expansive treaty network, is no stranger to alternative planning structures.

With Latin America identified as one of the fastest growing markets for Barbados to do business with, the LatAm Inward Mission held recently at Hilton Barbados attracted 11 service providers from Mexico, Colombia, Panama, Guatemala and Venezuela.

Barbados is doing well in the area of international insurance; so says Chief Executive Officer of the Financial Services Commission (FSC).

One of Barbados' finest achievements is its investment in educating its workforce.

Barbados can now boast of having a diversified network of investment treaties with countries within both traditional and non-traditional markets

In this our 15th edition as publisher of the Barbados Internati onal Finance and Business magazine, I can state with confi dence that Barbados is future ready and poised for growth.

When selecting a domicile specialising in banking and wealth management, significant global competition requires that jurisdictions to be considered must have global credibility and maximum flexibility...

Barbados has for decades been one of the most popular holiday desti nati ons in the world and is especially appealing to Canadians who endure the coldest of winters.

The International Trusts Act of Barbados 1995-14 (amended by the International Trusts Act 1995-19) provides for the creation and regulation of international trusts and related matters. Subject to the terms of the trust instrument the Act provides for certain taxation matters which affect the trust and its beneficiary. Some of these taxation matters are discussed herein.

Since the implementation of the Patriot Act and other applicable legislation, such as the OECD mandate, which hold the intermediary responsible or culpable, the concept that it will be forensically difficult to see through nominees is extremely outdated and unrealistic.

Traditionally, trusts and foundations were often used as tools to obscure the ownership of assets as tax shelters thereto.