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BFSB announces conclave sessions

“The Bahamas Advantage: Defining Our Value Proposition” is the theme for the upcoming International Business and Finance Summit, which this year takes the form of a Strategy Conclave for CEOs, senior executives and key stakeholders in the financial services sector. It will take place March 10-12 at the Abaco Beach Resort in Marsh Harbour, Abaco. 

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TheBahamasInvestor.com
Monday, February 15, 2016
Monday, February 15, 2016

“The Bahamas Advantage: Defining Our Value Proposition” is the theme for the upcoming International Business and Finance Summit (IBFS) which this year takes the form of a Strategy Conclave for CEOs, senior executives and key stakeholders in the financial services sector. It will take place March 10-12 at the Abaco Beach Resort in Marsh Harbour, Abaco.


This event, co-ordinated by the Bahamas Financial Services Board (BFSB), will bring together key industry stakeholders to discuss current issues affecting the industry with the goal of developing strategies and plans to enhance the Bahamas’ position in the highly competitive and increasingly-regulated world of international financial services.

IBFS 2016 has been structured to measure the effectiveness of recent strategies and programmes with the view of sharpening the focus of what distinguishes The Bahamas from competing jurisdictions for financial services while recognizing the shifting landscape due to increased transparency and cooperation.

Summit sessions will include:

  • Defining the Bahamas Value Proposition: A Policy Perspective by the Minister of Financial Services Hope Strachan
  • Defining Our Value Proposition in the Midst of a Changing Landscape: A Business Perspective;
  • Bahamas Financial Services Strategy: Then and Now;
  • Transparency and Cooperation: What Do These Mean for Financial Services in The Bahamas?
  • Human Capital Development for Competitive Advantage;
  • Utilizing the Bahamas Toolkit in an Evolving Environment;
  • The National Development Plan for the Financial Services Industry and post FATCA views on Current Global Initiatives.
  • There will also be a ministers’ roundtable providing the government’s perspective on the industry followed by a question-and-answer session.

    Summit participants will also be involved in breakout sessions to discuss identified opportunities and present to the larger gathering proposed actions plans and timeframes for their implementation.

    The luncheon speaker will discuss information and communications technology as it relates to financial services.

    The Inter-American Development Bank Group will hold its annual meeting in Nassau April 7-10. Economic and financial leaders from its 48 member countries will discuss key development challenges for Latin America and the Caribbean region on issues ranging from private sector investments, energy sector diversification, sustainable urban development, the potential of creative industries, and natural capital as a line of defense against climate change, among others.

    The Bahamian Senate passed a bill earlier this month allowing shallow-water oil exploration, and it is expected to soon be signed into law by the commonwealth's governor general. The passage of the bill, known as the Petroleum Act, means drilling by the Bahamas Petroleum Co. and partnering companies could start within the year, according to some experts.

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