The Culinary and Hospitality Management Institute at the College of The Bahamas is hosting a tourism industry conference this week at Atlantis Paradise Island. Watch a Tourism Today report on the event here.

Following the announcement that The Bahamas will follow a Model 1 Intergovernmental Agreement (IGA) when complying with next year's Foreign Account Tax Compliance Act (FATCA), the Ministry of Financial Services said yesterday that decision was taken to reduce the burden on the private sector and safeguard key sectors such as trusts and funds.