On Friday, the Securities Commission of The Bahamas (SCB), the regulatory agency responsible for authorising persons to operate in the investment funds and securities markets, issued Guidelines for the staledating of applications. According to a news release from the Public Relations Coordinator, the SCB had fomalised a Staledating Policy at the end of last month.

The Securities Commission of The Bahamas (SCB) today issued a release concerning the publication of its Guidelines relating to the fast tracking of applications for the licensing of investment funds that <I>"target accredited or sophisticated investors."

The Bahamas Financial Services Board will be an Associate Sponsor at GAIM 2004 in Lausanne, Switzerland June 8-10.

The Managed Funds Association (MFA) will host <I>Forum 2004</I> on June 14-16 at The Waldorf-Astoria in New York.

Recent data released by the Department of Statistics of the Bahamas government indicates a 36% increase in unemployment in the Financial Services sector in the country.

The Bank of N.T. Butterfield & Son Limited reported net income of $26.1 million for its first quarter ending 31 March 2004.

Smart Fund Model 007 (the "SFM Model 007") or the Super Qualified Investment Fund became available for use as of 22nd August, 2012.

The Segregated Accounts Companies (SAC) Act expands the legislative framework that strengthens The Bahamas' comparative advantage in the securities and capital markets areas.

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

The Bahamas has made significant strides in the investment funds area, particularly in the past few years with the passage of the Investment Funds Act in 2003.

The Securities Commission of the Bahamas (SCB) has issued a notice to its registrants and licensees concerning transitional provisions for investment funds and investment fund administrators existing prior to the promulgation of the new Investment Funds Act.

In August 2012 the Securities Commission of The Bahamas approved a new SMART fund model, increasing the total number of approved SMART fund models to seven.

The Hon. Allyson Maynard-Gibson, Minister of Financial Services and Investments, presented remarks at the LOMA CARIBBEAN CONFERENCE being held June 27-29 at the Atlantis Resort, Paradise Island – under the theme: Expanding Your Horizons: Staying Ahead of the Competition.

A complete overhaul of legislation governing The Bahamas' investment funds industry is nearing completion, announced Christina Rolle, executive director of the Securities Commission of the Bahamas (SCB) at the annual briefing for the Bahamian securities and investment funds industries earlier this month.

Addressing Parliamentarians during the current Debate on the Government's 2004-5 Budget, Minister Maynard-Gibson took the opportunity to report on key accomplishments, maintaining that her Ministry has demonstrated its relevance as the focal point for the promotion of financial services as well as for foreign direct investment.

In The Bahamas, new legislation continues to be introduced to stimulate further growth and development of the country's well-established financial services sector.

The Bahamas. The included entity shall be able to demonstrate adequate supervision of the outsourced activity.

In today's ever-changing global regulatory environment, it is not business as usual, it is business re-engineered to adhere to global regulation ...

In 2012 a new "regulatory light" regime for certain investment managers was introduced in the British Virgin Islands.