The Central Bank of The Bahamas has launched a Bank Supervision Quarterly Letters initiative to provide updates to licensees on important matters that have happened in the most recent quarter. Read or download the first newsletter here.

Prime Minister Perry Christie last week announced that a committee has been established to review the Hawksbill Creek Agreement. Certain provisions of the agreement with respect to exemptions on business licence fees and real property tax in Grand Bahama are due to expire in August of this year. Read the PM's official statement here.