Turnpage

Please visit our sponsors

RSS Feed
 

Current News & Press

 

Advertisement

The Bahamas Investor

News & Press Archives

 
The Bahamas Investor on facebookFollow The Bahamas Investor on TwitterSubscribe to RSS feeds from The Bahamas Investor
HOME > 
News & Press > 
IBFS addresses global “new order”

In the first session of the recent International Business and Financial Summit, senior industry practitioners took a look at how jurisdictions round the world are adapting to an increased regulatory environment and what opportunities this presents for growth. Pictured: (top) Delegates at the International Business and Financial Summit and panelists (lower) during an IBFS session, January 24. (from left) Minister of Financial Services Ryan Pinder; Withers LLP's Joseph Field; Simon Beck of Baker & McKenzie; Withers LLP's Jennifer Laurine and Shahjahan Ali. (Photos courtesy BFSB)

Source:
Date:
Updated:
TheBahamasInvestor.com
Wednesday, January 29, 2014
Wednesday, January 29, 2014

In the first session of the recent International Business and Financial Summit (IBFS), senior industry practitioners took a look at how jurisdictions round the world are adapting to an increased regulatory environment and what opportunities this presents for growth.

IBFS 2014 was organized by the Bahamas Financial Services Board (BFSB) and was held January 23-26 at Sandals Emerald Bay in Great Exuma.


Case studies for the session included Switzerland, London, Singapore, Hong Kong, China, New York, Miami, San Paulo and The Bahamas.

Session 1, “Benefiting from the New World Order,” examined the aforementioned jurisdictions in the context of wealth management services provided and target clients.

Panelists included a trio of Withers LLP experts–Joseph Field, Shahjahan Ali and Jennifer Laurine–along with Financial Services Minister Ryan Pinder and moderator Simon Beck of Baker & McKenzie LLP.

Panelists not only described the business growth and evolution of the case study jurisdictions over the last five years, but also the incentives each jurisdiction provides to encourage growth.

They also spoke of key strengths and weaknesses of those jurisdictions and described how these financial centres have positioned themselves with regard to the exchange of information for tax purposes and key agreements they have entered into.

Panelists also discussed how the jurisdictions encourage or discourage clients from purchasing homes or taking up residence in these jurisdictions and how they will develop in the future.

tblair@dupuch.com

Speaking at the International Business & Finance Summit last weekend, experts in a range of fields including private wealth management, banking and financial media urged delegates to be aware of global trends and be innovative and flexible.

Sandyport Beaches Resort and Hotel has won the RCI Gold Crown Resort award, the highest of the three RCI designations largely determined by vacationers' comments. See a photo after the jump.

The Bahamas Investor
Administrative Links
  


  © 2017 ETIENNE DUPUCH JR PUBLICATIONS LTD