
BFSB ramps up efforts in the Middle East
Thursday, November 28th, 2019 | Filed Under: News & Press...Bahamas’ delegation, which included BFSB CEO Tanya McCartney, Minister of Financial Services Elsworth Johnson and Bahamas’ Ambassador to the UAE and the State of Qatar Tony Joudi, had a full schedule last week as they introduced the UAE to The Bahamas’ financial services portfolio. Pictured: Delegates attend the STEP Arabia conference, held in Dubai November 16-17. (Photo courtesy STEP Arabia) The BFSB was a sponsor of the Society of Trust & Esta......
Leno buys BOB’s trust business
Thursday, December 12th, 2019 | Filed Under: News & Press...no Trust. In 2000, when The Bank of The Bahamas Trust Ltd became the first financial services provider to offer trust services for Bahamians, executives noted dual driving forces for a Bahamian dollar trust company: a pent-up market and trained professionals to handle the responsibility. Both of those conditions remain relevant, says Leno founder and president Sean Longley. “Although a relatively recent entry in financial services, Bahamian dollar......
Odyssey Aviation opens two handling locations in Eleuthera
Thursday, December 8th, 2011 | Filed Under: News & Press...and Rock Sound Airport–both in Eleuthera. Odyssey’s expansion of handling services on the island of Eleuthera coincides with the increased volume of traffic during the vacation season. “Holiday traffic can create significant chaos for small islands,” says Steven Kelly, president of Odyssey Aviation. “Flight departments, more than ever, desire good service and trusted representation for their passengers on arrival. Through its handling services, O......
Bahamas Landfall returns to Brazil
Wednesday, October 7th, 2015 | Filed Under: News & Press...with attendance open to all delegates and Landfall guests. The Ministry of Financial Services is a sponsor of the 2015 STEP LatAm conference – themed “Where Common Law and Civil Law Converge: The Cross Roads of The Future” – as are Amicorp and Higgs & Johnson, two of the corporate sponsors of the Bahamas Landfall events. Other Landfall sponsors are Caystone Solutions; Deltec; Genesis Fund Services; Glinton Sweeting O’Brien; Lennox Paton; and Winde......
PM to break ground on new $25m corporate centre
Friday, February 7th, 2020 | Filed Under: News & Press...construction of this attractive building is about more than creation of an edifice,” says Sean Longley, Leno Group of Companies founder and CEO. “It is a reflection of Leno’s confidence in the future of The Bahamas and our commitment to helping to strengthen the new chapter of financial services particularly as it serves and benefits Bahamians and Bahamian enterprises.” Leno is expected to occupy the top floors of the building. Other tenants will......
Insurance in the modern world
Sunday, January 1st, 2017 | Filed Under: Features...for those entities desiring to take advantage of the synergies within our financial services sector. Given The Bahamas’ rich history and success in the banking and trust sectors, the country has, over the last few decades, developed significant expertise in financial services and the related ancillary services, which can be leveraged by the international insurance sector. Representatives of the commission attend local and international conference......
BFSB promotes Bahamas in Mexico
Thursday, September 15th, 2016 | Filed Under: News & Press...iscuss the latest developments in all areas of The Bahamas’ broad range of financial services.” She continues, “Innovation is the catalyst behind The Bahamas Advantage for wealth management, asset management and other financial services. Whether it’s ground-breaking trust and foundation legislation, SMART©Funds, or our latest asset management product, the ICON, The Bahamas continues to sharpen its advantage as a hub for asset and wealth management......
FS Ministry to host arbitration workshop
Monday, January 25th, 2016 | Filed Under: News & Press...o establish The Bahamas as a commercial arbitration hub,” said Minister of Financial Services Hope Strachan, speaking at the 4th Annual Arbitration and Investment Summit held at the College of The Bahamas last week. “These are exciting times. We have taken the bull by the horns and are now actively engaged with the private sector. This is a long time dream of many professionals [and] we are moving strategically to build an industry of which we can......
Bahamas looks to launch Trade Portal
Monday, January 23rd, 2017 | Filed Under: News & PressPictured: Minister of Financial Services Hope Strachan delivers opening remarks during the first information session of The Bahamas’ Trade Information Service Desk and Electronic Portal at SuperClubs Breezes January 18, 2017. (BIS Photo/Patrick Hanna) The Ministry of Financial Services conducted an information session on The Bahamas’ Trade Information Service Desk and Electronic Portal at SuperClubs Breezes January 18, 2017. The official launch o......
BFSB appoints new CEO
Wednesday, November 11th, 2015 | Filed Under: News & Press...development skills that are essential to keep BFSB at the forefront of the financial services industry both internationally and domestically. Her knowledge of the industry and her diverse private and public and sector background will enable Tanya to have an immediate impact on BFSB’s day to day operations and the industry’s long term strategic development. We are delighted and fortunate to have someone of Tanya’s calibre and reputation join BFSB a......
Betty Roberts scoops Lifetime Achievement Award
Monday, November 16th, 2015 | Filed Under: News & Press...dustry has always demonstrated her commitment to the sustainability of the financial services sector, no matter what hat she has been wearing at any given time. She has been an Ambassador of the industry and has taken time to give back to the sector and to the business community at large, while retaining a self-effacing persona that belies the giant of a woman that she is.” In 2001 when BFSB introduced its FSI Excellence Awards programme, Roberts......
Hilton At Resorts World Bimini finishes phase two – photos
Wednesday, June 8th, 2016 | Filed Under: News & Press...s World Bimini, including massages, facials, hand and foot therapies, nail services, salon services and make up artistry. To complement these highly personalized services, premier products will be available to enjoy long after departing the luxury boutique spa in Bimini. Guests can also take in unbeatable island views from the hotel’s fitness center, which offers the latest strength and cardio equipment. “The completion of our phase two opening br......
Survive and thrive in wealth management
Friday, July 29th, 2016 | Filed Under: Features...lobal changes. Game-changing technology In a report last year, Minister of Financial Services Hope Strachan said The Bahamas needed to vary, diversify and most of all, fortify its banking sector by providing more banking licenses where qualified applicants exist. But technology has ripped up the geographical landscape and the traditional bricks-and-mortar model of private banking and wealth management. For example, a bank licensed in a Caribbean j......
The Bahamas Investor – July 2016 Press release
Tuesday, July 26th, 2016 | Filed Under: News & Press...ation going through change as Tanya McCartney takes control of the Bahamas Financial Services Board. Her work, together with the Ministry of Financial Services, in promoting The Bahamas overseas is vital to the continued success of the jurisdiction as an international financial services centre. Talking about her marketing and trade missions abroad she says: “We look at the toolkit in terms of what products and services we have and the ones we want......
BCCEC calls for better entrepreneurial education
Thursday, June 21st, 2012 | Filed Under: News & Press...that the country has relied on the two pillars of its economy–tourism and financial services–to the detriment of entrepreneurs, and this has hindered growth and innovation. “Financial services and tourism have been a blessing to The Bahamas, but they have also been a curse. We pushed people into those industries. We are not training our kids in schools with the mindset of ‘I am going to go create jobs,'” he said. “That is a very significant cultu......