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Results for: Minister for Financial Services Ryan Pinder

Bahamas races to meet CRS deadline

Monday, January 23rd, 2017 | Filed Under: News & Press

...Reporting Standard.” Halkitis acknowledged the new global standard models the United States’ Foreign Account Taxpayer Compliance Act (FATCA), which led the way on a global push for cross-border co-operation in the collection of taxes. For the first time, FATCA placed the burden on foreign financial institutions (FFI) and international tax authorities to report US financial asset holders, beginning in 2014. “Since the new global standard builds ver......

 

Family offices – Governance and The Bahamas

Saturday, February 16th, 2019 | Filed Under: Features

...nd improved infrastructure are all incentives for intermediaries and other financial services providers to make the tropical archipelago their home. Historically, choosing wealth residency would have been limited to the most sophisticated and accomplished families. The cost of establishing and maintaining offshore structures was prohibitive and there was also the question of finding the right expertise that could accommodate a wealthy individual’s......

 

Young Bahamians lead the way

Sunday, July 13th, 2014 | Filed Under: Features

...ns that are pursuing their ambitions in a range of careers from tourism to financial services to the legal sector. Excelling academically at a young age, Williams was valedictorian and head girl at her junior high school, C H Reeves, and won a scholarship to Kingsway Academy, where she graduated among the top five in her class. From there, she decided to pursue a career in finance and completed a BBA in Finance and Banking (Spanish) at The College......

 

Legislative change

Tuesday, July 24th, 2012 | Filed Under: Features

...e edge in the international arena. “We are entering an important new phase for financial services in The Bahamas,” says Aliya Allen, chief executive officer and executive director of the Bahamas Financial Services Board (BFSB). “This new and revised legislation seeking to advance our legislative frontier to the forefront of client solutions is coming into force, concurrent with updates to the regulatory regime. These, we believe, will enhance our......

 

A new horizon for banking in The Bahamas

Sunday, September 1st, 2019 | Filed Under: Features

...roup (DIG). Headquartered in The Bahamas, DIG is a diversified independent financial services group, providing through its member companies a range of private banking and fiduciary expertise, fund administration, investment management, digital asset financial services, insurance solutions, and corporate and merchant banking capabilities. Building on this foundation, Morton is concentrating on taking the bank to the next level. “I’m focused on the......

 

Leading Bahamian lawyer calls for a ministry of financial services – audio

Tuesday, June 21st, 2011 | Filed Under: News & Press

...organization and also called for the government to establish a ministry of financial services. “We are going to have to address regulatory reform and I would hope that within five years we would have a single regulator within the financial services industry. We need to complete the consolidation.” Audio content loading … please standby [audio:http://www.dupuch.com/tbi-media/NassauConf-Look_ahead-Brian_Moree-june_15_2011.mp3] The leading legal prac......

 

GB Minister eyes new maritime, industry laws

Monday, April 29th, 2013 | Filed Under: News & Press

...laundering abuses, training in this field has become statutorily mandated for all financial institutions and rightfully so. This will ensure that you can continue to govern yourselves in accordance with the highest standards,” he stated. According to the Minister, a well regulated industry will help considerably to sustain and attract businesses to the island of Grand Bahama and by extension, the entire Bahamas. “Attracting new business in this c......

 

Southwest Airlines reports Q1 results

Thursday, April 24th, 2014 | Filed Under: News & Press

...scussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013. Southwest Airlines Co. Condensed Consolidated Statement of Income (in millions, except per share amounts) (unaudited) Three months ended March 31, 2014 2013 Percent change OPERATING REVENUES: Passenger $ 3,933 $ 3,838 2.5 Freight 40 39 2.6 Other 193 207 (6.8) Total operating revenues 4,166 4,084 2.0 OPERATING EXPENSES:......

 

Adjusting to global compliance

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

...y of compliance The Bahamas has always guarded its reputation as a premier financial services centre zealously as this sector has been the driver of our middle class and has led to advancements in the areas of information, communication, technology and education. It is a sector in which policymakers have ensured that The Bahamas adopts best practices in order for the jurisdiction’s citizens to maintain their way of life. The first direct call for......

 

Rising stars of financial services

Thursday, January 21st, 2010 | Filed Under: Features

...ing from Government High School in 1988, Burrows quickly became aware that for financial reasons jetting off to college wasn’t an option. He had an application for the Bahamas Electricity Corporation in his hand when he was recruited by Scotiabank. The bank was looking for some young talent to develop and Burrows was offered a job as a part-time teller working at the bank’s Wulff Road and East Street branch. “Initially, it was just a means to make......

 

Leading by example

Monday, August 21st, 2017 | Filed Under: Features

...company, and without. Against a backdrop of increasing regulation for the financial services sector, a greater emphasis on compliance and more stringent global oversight, the EY Bahamas office is continuing to find opportunities for growth. “The only constant is change,” says Thompson. “In recent years, it is the pace of change that has been most remarkable. There is perhaps no sector that is evolving more rapidly than financial services, and our......

 

BACO meets FS Minister – photos

Tuesday, March 7th, 2017 | Filed Under: News & Press

...ion of Compliance Officers (BACO ) made a courtesy call on the Minister of Financial Services and Local Government Hope Strachan, February 23, at the Ministry of Financial Services. Pictured: (from left) Financial and Trade Officer (Ministry of Financial Services) Kendrick Anderson; Immediate Past President (BACO) Shasta Treco-Moxey; Financial and Trade Officer (Ministry of Financial Services) Khaliah Brown; Consultant (Ministry of Financial Servi......

 

FS Minister Pinder resigns

Wednesday, December 10th, 2014 | Filed Under: News & Press

...nounced that Prime Minister Perry Christie has accepted the resignation of Ryan Pinder as the Minister of Financial Services. Pinder will be taking up a senior executive position with Deltec International Banking Group in Nassau. Pinder will remain as a Progressive Liberal Party member of Parliament. In explaining his decision to return to the private sector at this time, Pinder indicated that the interests of his wife and children at this time we......

 

New Director of Financial Services to be named next month

Tuesday, June 12th, 2012 | Filed Under: News & Press

...ior figure from the industry,” according to Minister of Financial Services Ryan Pinder . Speaking at the Bahamas Institute of Financial Services’ (BIFS) seminar held at the British Colonial Hilton today, the Minister said the new Director would be promoted to the role July 1 and hinted that the position would be filled by a woman. He also indicated that the new staff member would be well-received by the private sector, and was well-known to the me......

 

Bahamas banks weather the storm

Thursday, July 3rd, 2008 | Filed Under: Features

...hy is not the only selling point. Legislation governing and protecting the financial services sector plays an important part in maintaining the presence of The Bahamas’ number two industry behind tourism. “We have very modern and efficient legislation,” says Coquoz. “If you look at most of the laws impacting financial services, they are less than seven years old.” In late 2003, the Investment Funds Act was relaunched to pave the way for legislativ......

 
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