The Bahamas Investor

Minister of Financial Services Ryan Pinder (right) tours the new Coca-Cola plant July 19. Pictured at left conducting the tour is Walter Wells, president and chief executive officer, Caribbean Bottling Co. (BIS Photo/Raymond Bethel) Minister of Financial Services Ryan Pinder takes a tour of the new Coca-Cola plant on July 19. Pictured from left: Walter Wells, CEO, Caribbean Bottling Co; Minister Pinder; and Harrison Thompson, permanent secretary,......

...onday. “The events were an unqualified success and we were pleased to have Ryan Pinder, Minister of Financial Services, with us,” said Aliya Allen, BFSB’s chief executive officer and executive director. The Minister addressed the event participants under the theme: In the age of information exchange, where is The Bahamas positioned. Other presenters at Landfall events included: Humberto Sanches, Ulhôa Canto, Rezende e Guerra Advogados, and William......

...Despite this, Strachan was still taken by surprise when she was chosen as Ryan Pinder’s successor in the Financial Services Ministry in January 2015. “My first reaction was one of surprise and humility,” she says, remembering the moment she was appointed to head the ministry. “I know it is a huge responsibility and it is humbling to know there is the confidence that I can take that on. This is an extremely important sector of our economy. It is a......

...The Bahamas’ financial sector, according to Minister of Financial Services Ryan Pinder, who said that the country has already seen the benefits of meeting with legislators and promoting its interests. Navigating increased regulation and greater transparency can be difficult for smaller jurisdictions, but issues can be resolved through more productive and focused engagement said Pinder addressing the Nassau Conference at the British Colonial Hilton......

...s an “exciting” time in the country’s history. Financial Services Minister Ryan Pinder, undersecretary in the Attorney General’s Office Cynthia Gibbs and Dr Nicola Virgill-Rolle, director, in the Ministry of Financial Services were among those in attendance. The Caribbean Financial Action Task Force (CFATF) is an organization consisting of 29 countries in the Caribbean region, which have agreed to “implement common countermeasures to address the p......

...t has core assets that it can leverage to reposition the sector. A vibrant financial services industry is vital to the economic growth and stability of the country and impacts thousands of Bahamians. It is not a sector that should ever be taken for granted. Between 15 to 20 per cent the nation’s gross domestic product derived from financial services. The reality is that financial services, to a extent, underpins the Bahamian middle class. The huma......

...rning experience almost every day.” Many day traders prefer to rely on the services of a broker, but, cautions Ryan, this can be problematic and it is worth taking the time to choose a reliable advisor. “When you trade through a broker you are depending on his knowledge and experiences.” Ryan, who herself also uses a full-service brokerage house, says: “It is important to look at the rapport and success rate you have with your financial advisor. T......

...ble to work together.” One person who understands this better than most is Ryan Pinder, having seen both the public and private sides of the sector as partner with Graham Thompson law firm and a former Minister of Financial Services. “The BFSB and its membership are very involved and committed to making sure legislative changes are correct. The government for its part is very open to input from the industry to address the reforms needed. It is ano......

...me into force in 2013 or face serious penalties, according to tax attorney Ryan Pinder. The Foreign Account Tax Compliance Act (FATCA) comes into force January 1, 2013, and will require foreign financial institutions (FFIs) to disclose information on all their US clients. Speaking at the Bahamas Association of Compliance Officers’ (BACO) Money Laundering Reporting Officers (MLRO) Day, Ryan Pinder, a tax attorney with Becker-Poliakoff warned attend......

...s learning and networking experience,” said Minister of Financial Services Ryan Pinder . “There will be a number of speakers present that will provide a global perspective of economical shifts within the financial services sector.” The event will be held under the theme: The shift has occurred. How are you positioned? The Ministry of Financial Services will be a lead sponsor of the event. Pinder said that a “fundamental” component of his Ministry’......

...most importantly, leadership, according to Minister of Financial Services Ryan Pinder . The Minister made the comments during his address to industry leaders at the Bahamas Financial Services Board’s (BFSB) 10th International Business Finance Summit (IBFS) held at Bimini Bay Resort February 1-3. He shared his ministry’s vision for the redevelopment of The Bahamas’ financial services industry, zeroing in on increasing the jurisdiction’s competitiv......

...s related to food safety and animal health. Minister of Financial Services Ryan Pinder noted that with access to 150 countries, The Bahamas stands to benefit “tremendously” from WTO membership. “Our geographic position makes The Bahamas a launching pad to some of the largest nations and strongest emerging economies in the world,” he said. “Securing market access will strengthen our ability to attract investors and ultimately diversify our economy.......

Minister of Financial Services Ryan Pinder said recently that full membership and compliance in the World Trade Organization (WTO) is necessary if Bahamian producers want to compete on an even field with other international producers. “Bahamian exporters would find themselves having favourable access to more than 100 countries, giving them an expansive foreign marketplace,” Minister Pinder told participants in the recent Bahamas Bureau of Standar......

Pictured: Minister of Financial Services Ryan Pinder speaking at the Atlantis Resort on Paradise Island. (Photo Harry Cutting/©Dupuch) The diversity of product offerings in the Bahamas’ financial services sector will help insulate the jurisdiction against market volatility and increasingly burdensome regulation, Minister of Financial Services Ryan Pinder told attendees at the Society of Trust and Estate Practitioners (STEP) Caribbean Conference t......

...e Central Bank of The Bahamas Wendy Craigg, Minister of Financial Services Ryan Pinder, as well as representatives of the senior management team of Scotia Bank. In these meetings, Kim Bodie, BIFS executive director, emphasized the importance of the organization in encouraging partnerships with international universities. The Institute she said is not a degree granting body, but seeks to identify programmes of higher education and training specific......