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AG releases statement on ICIJ leaks

The Office of the Attorney General has released an official statement following the leaking of data by the International Consortium of Investigative Journalists. Read the statement here. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Friday, September 23, 2016
Friday, September 23, 2016

Here follows a statement from the office of the Attorney General regarding the International Consortium of Investigative Journalists (ICIJ) leak:

The Government of The Bahamas officially launched its e-Services Business Registration platform at the Registrar General’s Department in January 2016 as a part of the government’s ongoing strategy to improve ease of doing business. It is important to note that the data required by law to be maintained in the companies registry is available to the public.


Further, since 2000 as a part of our compliance regime it has been a legal requirement that a register of directors and officers be filed at the companies registry. The Bahamas remains committed to the transparency of its corporate registry.

Having said this, we take this matter of an unauthorized publication by the ICIJ of data held by the online companies registry very seriously.

A review of our systems is currently underway. Based on the findings, all necessary action will be taken to ensure that we maintain the requisite data protection as we understand the importance of this to our users.

As The Bahamas moves to adopt the Common Reporting Standard (CRS), the international community will be watching, warned Brian Moree (pictured, stock photo), senior partner at McKinney Bancroft & Hughes, this week.

The Caribbean Export Development Agency (Caribbean Export) will host the 2nd Annual Caribbean Exporter of the Year Awards at the Hilton Barbados Resort, Bridgetown Barbados September 27, 2016 in recognition of the contribution made by the region’s exporters to the regional economy.

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