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Bahamas sees growth in qualified arbitrators

The Bahamas Branch of the Chartered Institute of Arbitrators has seen a steady increase in its base of qualified and trained professionals who can work in arbitration and alternative dispute resolution both locally and internationally, according to the organization. 

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TheBahamasInvestor.com
Wednesday, August 19, 2015
Wednesday, August 19, 2015

The Bahamas Branch of the Chartered Institute of Arbitrators (CIArb), under the patronage of Dame Joan Sawyer, has seen a steady increase in its base of qualified and trained professionals who can work in arbitration and alternative dispute resolution both locally and internationally.

Since its formation in 2010, the approved Bahamas branch of the Chartered Institute of Arbitrators in London, England, has a mandate to offer internationally recognized accredited arbitrators and mediators.


CIArb’s Bahamas’ chairman, Dr Richard C Demeritte, says the organization is ready and able to provide the necessary professional expertise in the arena of resolution and mediation.

“No need to import, The Bahamas boasts a pool of internationally recognized and accredited arbitrators and mediators, who are active and well-equipped members of the Bahamas Branch of the Chartered Institute of Arbitrators. As such, the Branch is well poised to provide professional expertise in the resolution of disputes, whether civil or commercial.”

“We want the region to know that The Bahamas is a viable seat for international commercial arbitration where critical matters of both international and domestic concern can be arbitrated. We have a highly trained and skilled professional body, including members of the judiciary, accountants, architects, engineers, lawyers and such, and we are as well-equipped as any arbitration centre in other financial centres around the globe.”

The Bahamas Branch of CIArb has engaged in an education and training agenda which is focused on equipping professionals in The Bahamas with the skills needed to practice anywhere in the world.

Its Education and Training Courses are conducted in conjunction with CIArb, London, and are open to all professions and organisations interested in dispute resolution initiatives, including trade unions, the legal and financial services, accounting, engineering, architectural, medical, and dental disciplines and many others.

“Properly trained and certified practitioners are here and ready to mediate and arbitrate”, says chairman Demeritte. “And our internationally recognised training courses continue.”

Lombard Odier & Cie Bahamas Ltd has filed its Q2 2015 13F. Dated 18/08/2015, the 13f filing shows the hedge fund has a portfolio value of $285.09 million, representing an increase of $8.36 million from the previous quarter.

The Securities Commission of The Bahamas facilitated special training for more than 100 employees of financial services regulators and various government agencies with the assistance of the US Securities and Exchange Commission (SEC) last week.

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