The Bahamas Investor

...entre requires a modern, development-focused immigration policy, said Ryan Pinder Friday . The Ministry’s goal is to work with the Department of Immigration to ensure a progressive immigration policy that protects and facilitates opportunities and mobility for Bahamians, while efficiently meeting the needs of business for occasional foreign talent, he said. His comments came during Bahamas Financial Services Board’s (BFSB) 10th International Busin......

...imates were 3,000 to 4,000 jobs that can come out of that one initiative,” Pinder told reporters on the sidelines of the Trade in Services Workshop on Monday morning. “So we’re activity looking to see if our soil quality is good enough to meet the standards to grow the sugar cane and all of the technical components to be able to say The Bahamas is a good access point for North America.” The minister said there are several opportunities to do busin......

...legislation in place, but that has to be supported by the expertise.” For Pinder, there is real growth potential domiciling ultra-high-net- worth clients in The Bahamas. “With the advent of fiscal transparency, we are seeing a trend of HNW clients wanting to be where their money is. They may come from countries that are unstable or pose a financial, physical or political threat. These people are looking to move. “We are in global marketplace and......

...ry seeks to target new markets and develop new products for those markets. Pinder said his ministry was working on a new product for the Latin American market “to stay ahead of planning opportunities rather than behind them” and was making good inroads into the captive insurance niche. “We are now in the [captive insurance] game in a big way and we have to provide opportunities for our people to take advantage of that shift,” said Pinder. Product......

...ents and trade policy of the government,” Financial Services Minister Ryan Pinder said at a November 28 press conference announcing the event. Similar sessions have been held in Freeport, with service providers and industry professionals, said Pinder. “Now we bring our interaction and public discourse with the youth of the country, the aspiring professionals, entrepreneurs, and those young persons who look to be active in sectors of the economy th......

...strengthen the economy. According to Minister for Financial Services Ryan Pinder the final draft of the new “suite of IP legislation” is ready and the Ministry is poised to begin a consulation and education period, with input from the private sector. The move to modernize the country’s IP system comes as The Bahamas continues its efforts to become a member of the World Trade Organization (WTO) . WTO members must be a party to the TRIPS Agreement......

...ces your commitment to maintaining the highest regulatory standards.” Ryan Pinder, Minister of Financial Services, said the new development is a “landmark” achievement demonstrative of the existing level of cooperation between the private sector, regulators and central government. “It now puts us not only on an even playing field, but gives us at a competitive advantage,” he added. According to Pinder, being in compliance with international best p......

...ntial as the “avenue to the Americas.” Minister of Financial Services Ryan Pinder, who represented The Bahamas at financial conferences in Latin America earlier this month, said exploring new areas in the region would help his ministry meet its mandate “to create new financial products, to seek out new linkages and new opportunities to work with international partners.” Giving opening remarks at the Nassau Conference , held at the British Colonial......

...ate what those closer to home do not yet see in their own back yard,” says Pinder. “Our ‘back yard’ is bursting with one of the hottest property offerings anywhere on the globe: more than 200 income-generating residences at four hotels, ultra-luxurious with the most modern and sophisticated amenities available on the market.” Pinder says that when the resort was first promoted overseas there was “instantaneous” interest in places such as London, D......

...ort redevelopment project at Lynden Pindling International Airport (LPIA). Ryan worked within the Vantage Airport Group (formerly YVRAS) network of airports. Vantage is the parent company of NAD. Prior to joining NAD, he served as director of finance and administration at Greater Moncton International Airport in Canada. His position was effective May 1, 2012. “I am honored to be joining NAD at such an historic time in its development. I hope to as......

...ahamas Roundtable on the opening day. Panelists included: The Hon. L. Ryan Pinder, M.P., Minister of Financial Services Timothy Colclough, Deputy Chairman, Bahamas Financial Services Board Aliya Allen, CEO, Bahamas Financial Services Board The Presentation focused on LatAm markets of particular interest and the trends that are being observed in respect to regional interaction with this jurisdiction; the concerns that LatAm corporates, individuals......

...Minister of Financial Services Ryan Pinder has said that accession to the World Trade Organization will bring employment, investment and increased trade to The Bahamas. Watch an address by Pinder here.......

...and attract new business, according to Minister of Financial Services Ryan Pinder (right) who said his Ministry will target new markets to build the country’s brand. Speaking at this week’s Money Laundering Reporting Officers (MLRO) Day, held at the British Colonial Hilton, Nassau, the Minister said recent regulatory developments had resulted in a global climate of increased transparency and compliance. “Given the obvious evolution over the last d......

Minister for Financial Services Ryan Pinder has called for a “multi-faceted review” of the current tax system, saying reform would spur growth in the Bahamian economy. The Minister said the system, which heavily relies on customs duties, was not equitable and suffered from leaks that hindered growth. “With a more equitable tax structure, with less leakage, you can have a wider tax base with proper economic expansion,” he explained. Tax reform has......

...istry of Financial Services top priorities, according to the Minister Ryan Pinder. “We were put in place to enhance the industry [and] to ensure you, as the private sector, have the opportunity to enhance yourselves and your businesses.” “The Bahamas today faces a number of economic challenges. However, these challenges can be overcome. They can be turned into opportunities to really grow the industry; to go into areas we are not used to. We want......