The Bahamas Investor

...rbitration and Investment Forum yesterday, Minister for Financial Services Ryan Pinder said The Bahamas could become a regional and international hub for arbitrators by “leveraging the talent of our people.” “We are looking to create a centre based around expertise and industry,” he said “You have to focus on what you do well. We are the pre-eminent trust jurisdiction in the world and we have some of the best maritime lawyers in the world. We go a......

...not to consider the implications of FATCA in a public sector vacuum,” said Pinder. “Therefore, to ensure that private sector participants are included, I have installed a Minister’s Advisory Group to ensure that your views are considered.” The group has already met and has commenced its work, he added. Acknowledging that a modern regulatory environment is an important selling point for any jurisdiction, Pinder is hoping to make an announcement on......

...kes the region a prime candidate for The Bahamas’ concentrated focus, says Pinder, pointing specifically to Brazil and Panama. According to a recent World Bank study the number of persons in the ranks of LatAm’s middle class is greater than that of China, Russia or India, he said. In searching out new markets, however, more established regions, such as North America, should not be overlooked. Pinder, a tax attorney by profession, believes this mar......

...wants the world to know that The Bahamas is “open for business.” Minister Pinder made the remarks during his contribution to the 2012/2013 budget debate this week in the House of Assembly. Minister Pinder said that with the “reintroduction” of the ministry, which was first created during the previous Progressive Liberal Party government, several areas will be addressed including: the financial services industry; establishment of The Bahamas as an......

Minister of Financial Services Ryan Pinder has laid out a six-month plan for the Ministry of Financial Services in order reach a set of goals. Minister Pinder made the remarks this week during his contribution in the 2012/2013 budget debate in the House of Assembly. “We in the Ministry have already started our initial six-month strategy plan, which will be expanded into a more comprehensive five-year strategic plan for the Ministry of Financial S......

...lenders that we can be relied upon to deliver what we set out to do,” said Ryan. “There is a structured methodology in which we repay the debt and we have been maintaining that methodology and paying it back on schedule.” As the participating debt carries a higher interest rate, officials are focused on paying that down “as fast as we can,” according to Ryan. Thus, the cash flow the airport generates goes directly towards repayment of that particu......

..., Dominican Republic. (BIS Photo/Eric Rose) Minister of Financial Services Ryan Pinder (left) listens to Secretary of State Executive Director in the Export and Investment Center of the Dominican Republic Jean Alain Rodriguez, at the Investment and Trade Council, October 30, Santo Domingo, Dominican Republic. (BIS Photo/Eric Rose) Members of the Bahamian delegation attend an official welcome at the Ministry of Foreign Affairs, where Foreign Minist......

...d the Fifth CARICOM-Cuba Summit yesterday. The Prime Minister (centre) and Ryan Pinder (left) arriving at Jose Marti International Airport in Havana December 7. (BIS Photos/Peter L. Ramsay) The Prime Minister (centre) is greeted by Raul Modesto Castro Ruz, president of the Republic of Cuba, at the Plenary Hall, Palace of the Revolution December 7. (BIS Photos/Peter L. Ramsay) The Bahamas delegation and other dignitaries participate in the opening......

...on, along with other members of the WTO pay a courtesy call on governor general Sir Arthur Foulkes at Government House April 9, 2014. Pictured: (from left) Juneyoung Lee, legal affairs officer, accessions division, WTO; Shark; Sir Arthur; Ryan Pinder, Minister of Financial Services; Keva Bain, legal advisor/acting director of trade and industry, Ministry of Financial Services; and Rhoda M Jackson, ambassador permanent represent to United Nations i......

...ers Confederation. Joining the Minister was Minister of Financial Services Ryan Pinder ; Minister of State for Investments Khaalis Rolle; immigration director William Pratt; Chester Cooper and Edison Sumner from the Bahamas Chamber of Commerce and Employers Confederation ; Stuart Bowe and Frank Comito with the Bahamas Hotel and Tourism Association ; Robert Sands representing the Bahamas Hotel Employers Association; and Aliya Allen with the Bahamas......

...ive on captives. Pictured: Panelists (in addition to Aliya Allen) included Ryan Pinder, Michele Fields, and Lorraine Stack. (Photos courtesy Bahamas Financial Services Board) BSA’s 200 members are owners from various nations and shipping sectors including ferry and short-sea vessels, cruise ships, reefers, high quality tankers and operators of dry bulk carriers. BMA, which provides secretariat services for the association, welcomed the opportunity......

The Honourable Ryan Pinder, Minister of Financial Services, will be participating in Bahamas Landfall events and meetings in Brazil planned by the Bahamas Financial Services Board (BFSB) the week of September 17. Brazil has been at the forefront of BFSB’s business development agenda for a number of years, with biannual visits to the country to meet financial intermediaries and businesses from this leading South American economy now a regular comp......

...mands this expertise now to meet the challenges of an evolving landscape.” Pinder said foreign law firms could be subject to certain conditions such as providing in-house training of Bahamian staff to ensure that the domestic industry was not placed at a competitive disadvantage. He emphasised his Ministry’s commitment to training young Bahamians in financial services and said the government was working to identify skills gaps and create programme......

...ces officially launched its new trade policy yesterday, with Minister Ryan Pinder telling the Bahamas International Investment & Business Forum (BIIBF) that the government was committed to pursuing a “value added trade strategy.” The initiative involves bringing products into The Bahamas, adding value, and then exporting the goods. Minister Pinder said the strategy would “provide the catalyst for sustainable economic growth in The Bahamas” and add......

...nstate the duty incentives for manufacturers under the Industries Encouragement Act. We know that’s not enough. We know that the next step is now coming up with an energy policy that’s viable for manufacturers,” he added. Minister Pinder toured a number of manufacturing businesses in the industrial park, accompanied by Sonia Alvino, AIP general manager. Minister Pinder visited Nautilus, Bahamas Hot Mix, Island Marine Covering, and Atlantic Roofing......