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The Foreign Account Tax Compliancy Act, known as FATCA, is causing problems for banking jurisdictions such as Cayman Islands, Panama or the Bahamas.

The Bahamian economy has recovered well from the 2001-02 slowdown, achieving some acceleration of activity in 2004 even in the face of two hurricanes, according to the International Monetary Fund (IMF).

The Bahamas has become the first premier Common Law jurisdiction to introduce Foundations, and this article represents the second in a series of reports on this new product in The Bahamas’ toolkit.

Writing for European CEO, BFSB CEO & Executive Director Wendy C. Warren touts historic growth and increasing leadership in financial services, and firmly places The Bahamas amongst the world's premier international centres.

Minister Maynard-Gibson presented opening remarks at the STEP Caribbean Conference today at the Atlantis Paradise Island Resort.

With a long standing history and track record in financial services, The Bahamas has a first class legislation and judicial system as it relates to private client wealth planning,

The Bahamas is the first premier Common Law jurisdiction to introduce Foundations. Wendy Warren, CEO & Executive Director of the Bahamas Financial Services Board, says that in launching its Guide to Foundations, The Bahamas as a Common Law country has looked beyond its boundaries and traditions to be of greater relevance for estate planning by persons from civil law countries.

The Governor of the Central Bank describes The Bahamas as one of the more significant financial jurisdictions operating in the world of financial services in a number of areas, and says it is in a position to compete with some of the best in the world.