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The Bahamas represented at Brazil investment conference – video

Bahamas Financial Services Board (BFSB) attended the Brasil Investment Summit earlier this year in São Paulo. The major Latin American conference drew almost 600 delegates from around the world. 

Friday, August 26, 2011
Friday, August 26, 2011

The Brasil Investment Summit took place earlier this year in São Paulo, and saw nearly 600 delegates come together to discuss Brazilian investment opportunities.

The Bahamas Financial Services Board (BFSB) attended the conference, held last May at the Hotel Unique, to promote The Bahamas and expand upon investment opportunities between the two nations.

With a population of around 200 million and an economic growth rate of more than 7 per cent, Brazil is a potentially enormous market for The Bahamas. Ideally located to serve Brazilian High-Net-Worth Individuals (HNWIs), the jurisdiction has concentrated its efforts in recent years on promoting its offerings in offshore financial services to the Latin American giant.

“Brazil is an extremely important marketplace for us,” says Wendy Warren, chief executive officer of BFSB. “We have been at the conference since 2008 and have invested a number of years in Brazil.”

Watch a video of the event, including comments by Warren.

The category 3 hurricane is making its way up through the island chain, with severe damage reported in some Family Islands and parts of New Providence.

Forensic accounting expert Edmund Rahming, managing director of Krys Global, calls for greater powers to recover losses in insolvency cases. “Much consideration needs to be given in formulating a strategy that will allow for the maximum recovery against third parties,” he says.

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