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S&P downgrades Bahamas credit rating – video

Global credit rating company Standard & Poor's has downgraded the Bahamas' credit rating due to a change in its rating methodology, according to Bahamas broadcaster ZNSNetwork. Watch a video of the report below, including an interview with Lisa Schineller, primary credit analyst with S&P. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Wednesday, November 2, 2011
Wednesday, November 2, 2011

US civil litigation expert warns that increased regulation means that the law in the US relating to securities and asset recovery is changing, which could have far-reaching implications for offshore financial centres.

The Bahamas International Securities Exchange (BISX) has announced that it has been registered by The United States Securities and Exchange Commission (US SEC) as a Designated Offshore Securities Market (DOSM). BISX attained the designation after undergoing a rigorous application process.

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