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Nassau hosts investor education forum

The International Forum for Investor Education, Americas Chapter, held the first meeting of its working group for content development and delivery in The Bahamas recently. 

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Date:
Updated:
TheBahamasInvestor.com
Tuesday, May 3, 2016
Tuesday, May 3, 2016

International Forum for Investor EducationThe International Forum for Investor Education (IFIE), Americas Chapter, held the first meeting of its working group for content development and delivery in The Bahamas April 22, 2016.

Securities regulators representing 15 jurisdictions including The Bahamas, Barbados, the British Virgin Islands, Cayman Islands, Curacao, the Eastern Caribbean (eight territories), Jamaica and Trinidad and Tobago, gathered at the British Colonial Hilton in Nassau to discuss matters pertinent to the promotion of investor education throughout the region.


The one-day meeting was chaired by Kathryn Edmundson, executive director of IFIE secretariat, supported by the two joint chairs of the working group from Trinidad and Tobago and Curacao.

The event focused on:

  • Technical Expertise to Assist in Content Development and Delivery
  • Ideas for Starting/Setting up Some FC/IE Initiatives
  • Techniques for Developing Content for FC/IE Initiatives for Different Target Audiences
  • Using Different Communications Technologies and Strategies to Impact FC/IE Content Delivery including the use of traditional and social media

Technical expertise was provided to participants by Valerie Brokamp-Meza de Leon Americas senior programme manager, AFLATOUN International, which is a non-governmental organization focusing on educating children about their rights and responsibilities and managing financial resources through social and financial education.

The session also explored ways for measuring and evaluating success of educational initiatives.

The event ran along side the regular meeting of the Caribbean securities regulators.

The regulators will continue have ‘virtual’ meetings every three weeks or so to develop toolkits for the deployment of initiatives designed to improve the financial literacy of investors and potential investors within the Caribbean region.

A further face-to-face meeting of the working group is anticipated to take place before the end of the year.

Bahamas-based Sterling Global Financial announced yesterday that its indirect private placement offering to raise funds for its real estate lending vehicle, New Providence Income Fund, Ltd (NPIF), closed successfully, demonstrating confidence in the economic climate for prudent real estate debt investment.

The Bahamas is set to receive a $500 million investment, according to the Minister of Tourism. The investment will be laid out over two years, with cruise lines providing a majority of the funds.

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