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Results for: aliya allen

Bahamas must play to strengths

Monday, October 15th, 2012 | Filed Under: News & Press

Chief executive officer of the Bahamas Financial Services Board (BFSB) Aliya Allen has spoken out against the negative portrayal of offshore financial centres, saying the economic downturn unfairly stigmatized international financial centres (IFCs) such as The Bahamas. “We are seeing a sustained effort to eradicate tax competition,” she said. “The financial crisis was a big game changer.” The BFSB director suggested that......


First ICONs registered

Friday, January 9th, 2015 | Filed Under: News & Press

...vices Board (BFSB) and the Ministry of Financial Services. ICON — properly known as the Investment Condominium — was one of the focal points of BFSB’s work last year. According to CEO and Executive Director Aliya Allen (right) the priority that BFSB placed on the product’s development and introduction reflects the success that can be achieved through a combination of relationships with international advisors, strategic product......


IFCs must focus on new markets

Wednesday, April 2nd, 2014 | Filed Under: News & Press

...roducts, foster creativity in the financial services industry and target new markets if they are to survive in an increasingly regulated environment, says Bahamas Financial Services Board (BFSB) chief executive officer Aliya Allen. Speaking at the 3rd Caribbean Conference on the International Financial Services Sector yesterday, Allen told participants that a greater burden of compliance has put pressure on IFCs since the financial crisis of......


BFSB head: Bahamas brand needs greater visibility

Thursday, January 17th, 2013 | Filed Under: News & Press

...s and fosters innovation.” “The Bahamas is extremely fortunate—we are the beneficiaries of man-made and natural advantages. Improving upon these platforms is key to staying ahead of the game.” Speaking of challenges facing the sector this year, the BFSB head said tax regulation would continue to be an issue. “Regulation such as tax continues to be a major driver and shaper of the financial world. The question of who was......


BFSB announces 2013 marketing initiatives

Friday, March 8th, 2013 | Filed Under: News & Press

Aliya Allen (pictured), chief executive officer of the Bahamas Financial Services Board (BFSB), has announced that wealth management, the funds industry and the insurance sector will be the focus of the organization’s 2013 marketing calendar. This year’s external communications and marketing outreach begins in earnest this month, when BFSB will be in Palm Springs, California for CICA–a major international insurance conference. Conference......


New board of directors elected at BFSB 2014 AGM

Thursday, October 2nd, 2014 | Filed Under: News & Press

...seen glimpses of how wonderful our future as an industry could be,” she said. She highlighted the activities of BFSB over the previous year, including the introduction of the ICON in recent months, and spoke to the ongoing challenge of creating value while servicing a diverse membership. Allen identified several factors that will be critical for the success of the financial services industry going forward: business efficacy, regulation, industry......


BFSB promotes captives in US

Thursday, March 14th, 2013 | Filed Under: News & Press

...tion. “Many of the individuals with whom we met also said that the accessibility of our location is a real and distinct advantage given that board meetings for a captive are usually held in the domicile of choice,” she said. Allen noted that a session on cell captives that was held during the conference was of particular interest because of the recent growth of cell captives in The Bahamas. “This is largely driven by the ability of a cell......


BFSB Bahamas Landfall events in Brazil start today

Monday, September 17th, 2012 | Filed Under: News & Press

...nt for financial services and other types of business. We want to ensure that our open-for- business message as it pertains to the Brazilian market is clearly understood and embraced.” BFSB’s CEO and Executive Director Aliya Allen (pictured) said the Board’s highly successful Bahamas Landfall events provide a strong focal point for member firms to provide a common message about the advantages of doing business in The Bahamas while at same time......


Trading Chinese currency

Friday, January 1st, 2016 | Filed Under: Features

...eyond the US, building the reach and expertise of its financial sector in emerging economies such as Brazil, Mexico and China is critical.” Immediate past chief executive officer of the Bahamas Financial Services Board Aliya Allen says that the acknowledgement of The Bahamas as a viable location for currency trading is a reflection of its good standing with its Chinese partners. “Though details are being negotiated, The Bahamas is set to become......


Latin America drives demand in funds sector

Thursday, April 10th, 2014 | Filed Under: News & Press

...lation in Brazil and key considerations in operational and manager due diligence and economic and hedge fund strategy trends in Brazil, Argentina, Uruguay, Colombia, Mexico, Chile and Peru. BFSB chief executive officer Aliya Allen (left) says: “Our sponsorship and participation in this conference is in line with the consistent interest and business opportunities we are seeing from Brazil. Brazilian multimarket funds are being transformed......


BFSB ramps up Bahamas Landfall events

Monday, June 16th, 2014 | Filed Under: News & Press

...ation for Chinese intermediaries in this burgeoning market. “We have made significant strides in Latin America, particularly in Brazil, over the past few years,” says BFSB chief executive officer and executive director Aliya Allen . “Persistent promotions by BFSB combined with independent efforts by many of our member firms have been key to this success. China’s burgeoning number of HNWIs and its investment groups and corporations requiring an......


BFSB hold conclave for industry leaders

Wednesday, May 1st, 2013 | Filed Under: News & Press

...ahamas to Benefit” and “Opportunities for Growth”, with dialogue focusing on international initiatives impacting the sector and factors relative to creating a business environment conducive to industry growth. BFSB CEO Aliya Allen said of Saturday’s productive sessions, “The tone of the conclave was largely optimistic. Concerns were raised about a variety of issues impacting the sector, including international initiatives, regulatory policy and......


Tax, transparency to feature on IBFS agenda

Tuesday, January 29th, 2013 | Filed Under: News & Press

...red left), chief of international tax cooperation and trade, Financing for Development Office (FfDO), United Nations, and George Hodgson (right), deputy chief executive, STEP Worldwide. The session will be moderated by Aliya Allen, chief executive officer & executive director of the Bahamas Financial Services Board (BFSB), which is organizing the event. “The current Presidencies of the G8 and G20 have identified transparency as a key......


Minister Pinder applauds BFSB at AGM

Friday, September 27th, 2013 | Filed Under: News & Press

...o this in the coming month,” he added. “You will have full opportunity to review the draft rules and provide your input and recommendations to government.” Minister Pinder commended the chief executive officer of BFSB, Aliya Allen , on her advocacy and dedication to the financial services industry of The Bahamas. “Ms Allen has worked hand in hand with the government on various initiatives ensuring BFSB’s concerns and ideas are always......


The Bahamas Investor – July 2012 Press release

Friday, July 27th, 2012 | Filed Under: News & Press

...used on The Bahamas, its advantages and opportunities in the fields of investment and financial services. This issue’s cover story shines the spotlight on one of the upcoming stars of financial services in The Bahamas, Aliya Allen–the newly appointed managing director and chief executive officer of the Bahamas Financial Services Board (BFSB). Assuming the position at the beginning of the year, the 34-year-old is charged with promoting the......

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