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PM to focus on financial services on trip to EU

Prime Minister Dr Hubert Minnis will travel to Brussels, Belgium, today to hold bilateral talks with high-ranking officials of the European Commission. The Prime Minister will be promoting recent initiatives by the government in the financial services sector. 

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Date:
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TheBahamasInvestor.com
Monday, January 14, 2019
Monday, January 14, 2019

Prime Minister Dr Hubert Minnis will travel to Brussels, Belgium, today to hold bilateral talks with high-ranking officials of the European Commission.

Discussions will focus on matters relating to the fulfilment by The Bahamas of its commitments to the EU, and how those commitments will be implemented by the financial services sector of The Bahamas.


Prime Minister Minnis will be promoting recent initiatives by the government in the financial services sector.

The Prime Minister will outline recently passed legislation and a new framework aimed at strengthening industry regulations and protecting the financial services’ competitive edge as a leading international financial centre.

“The government is working diligently and in cooperation with industry stakeholders to do everything possible, in keeping with our national interests, to protect the financial services sector, while adhering to global standards,” said Prime Minister Minnis.

Attorney General Carl Bethel; Viana Gardiner, COO PMDU; Stephen Coakley Wells, advisor to the Minister of Finance; Wendy Warren, CEO, Caystone Group; Michael Paton, Partner, Lennox Paton; and a team of advisors will accompany the Prime Minister to Brussels.

Prime Minister Minnis and his delegation will return to Nassau on Wednesday, January 16.

Deputy Prime Minister Peter Turnquest will act as prime minister in the Prime Minister’s absence.

The Bahamas Ministry of Tourism and Aviation’s Airlift Team took the opportunity to meet with American Airlines executives recently in Nassau.

Deputy Prime Minister and Minister of Finance Peter Turnquest reflected on the changes made by the Finance Ministry in 2018, as well as those on the horizon, during a Leadership Symposium hosted by the Public Treasury Department for Accounting Heads and Finance & Accounting Officers last week.

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