The Bahamas Investor

Pictured: Speaker Michael Sakala, senior manager for Ernst Young’s Global Financial Services Advisory practice. (Photo courtesy BFSB) The Bahamas Financial Services Board (BFSB) , in collaboration with the Ministry of Financial Services, the Securities Commission of The Bahamas (SCB) , and corporate sponsor Ernst Young (EY) will host a half-day seminar on the European Union’s Alternative Investment Fund Managers Directive (AIFMD) January 13, 2014......

...Nottage, Mark Wilson, Carl Bethel, Lester Mortimer, Tara Cooper-Burnside, Michael Stevenson, Lydia Saunders, Michael Albury, Chandra Sands, Brandis Duncanson, Carla Brown-Roker, and Lauren Klein. Former permanent secretary Thelma Beneby is the secretary to the Commission. She will be assisted by Annie Lloyd, Darron Henfield, Sonobia Smith, and Veronica Frazer. The issue as to whether the constitutional provisions dealing with the exclusion of Bah......

...t during the a press conference with the Olympic medal winners (from left) Michael Mathieu, Demetrius Pinder, and Deputy Prime Minister Philip “Brave” Davis August 14. (BIS Photo/Peter Ramsay) The government is committed to scouting for potentially great athletes in the country and preparing them for the 2016 Olympics and other sporting events, Prime Minister Perry Christie said yesterday. He made the statement during a press conference with the B......

...l position and accelerate the strategic development of our business,” said Michael Gross , CEO of Morgans. “The asset swaps and rights offering will dramatically strengthen our balance sheet, significantly reduce our debt obligations and risk profile, and also eliminate significant near-term maturities. In addition, the cancellation of the preferred stock and warrants will result in a simplified and more flexible capital structure for our sharehol......

...Worldwide, Inc. “Kerzner came in and did it and that was successful,” says Michael Sansbury, executive vice-president of Baha Mar. “Our difference is, the Izmirlians aren’t coming in from some foreign place, they’ve lived here for some 20 years. And the reason why [they’re doing this here] is that they believe in The Bahamas. That’s why they live here. The government has been stable, they have established relationships, and it’s an attractive dest......

...Bazzard performed for the event. In his welcome remarks Chief Justice Sir Michael Barnett said The Bahamas is faced with challenges inherent in an archipelago that spans hundreds of miles. “Although New Providence has the largest population base and is the hub of economic activity, the administration of justice must also serve the needs of the small populations of the remoter islands,” he said. Also participating in the opening ceremony were Sir......

Minister for Grand Bahama Michael Darville addresses the Career Tech Exhibition sponsored by BTVI March 20 in Freeport, Grand Bahama. (BIS photos/Vandyke Hepburn) The government of The Bahamas is now moving in the right direction as it relates to Grand Bahama, said Minister for Grand Bahama Michael Darville during an address at the Career Tech Exhibition 2013 March 21. The exhibition was sponsored by the Grand Bahama Campus of the Bahamas Technic......

...on. (BIS Photo/Gladstone Thurston) Bahamas Culinary Association president, Michael Adderley (right), and Rosemary Sinclair, chef at Atlantis, inspect cabbages grown at Caleb Evans Farms, North Andros. (BIS Photo/Gladstone Thurston) Delegates attending last weekend’s farmers/buyers meeting in Nicholl’s Town see the greenhouse technology offered at BAIC’s North Andros Agri-industrial Park. Pictured from left are Edwin Johnson (Bamboo Shack Group), M......

...mand. The Nassau Container Port stands ready to serve the world,” said CEO Michael Maura Jr (right). Meanwhile, Michael Darville, minister for Grand Bahama is excited about the potential of Freeport, an international port and industrial center set within his beautiful, lifestyle city jurisdiction. “Gran Bahama has much potential. Our deep water harbor, abundance of land and state of the art infrastructure makes our island ideal for attracting inve......

Pictured: Minister for Grand Bahama Michael Darville, attending the BACO Conference, Grand Bahama April 25. Minister for Grand Bahama Michael Darville said April 25 that new and modern policies are required to properly regulated the maritime and industrial sectors of the island and protect the environment. Darville was bringing remarks at the Bahamas Association of Compliance Officers (BACO) 8th Annual Northern Bahamas Conference held at the Peli......

Pictured: (left to right) Michael Guy, second secretary, Embassy of The Bahamas London; Anuja De Silva, manager (interim), Commonwealth Small States Office, Geneva; Tia Hanna, financial and trade officer, Ministry of Financial Services; and Rita Kaufmann, financial and trade officer, Ministry of Financial Services at the Commonwealth Small States Office in Geneva. (Photo courtesy Embassy of The Bahamas, London) Government and diplomatic represent......

...GB Shipyard; Carl Rotkirch, president and CEO, GB Shipyard; Fred Mitchell; Michael Darville; Picewell Forbes: Reuben Boyd, VP GB Shipyard; and Graham Couser, VP Sales, GB Shipyard. The 26 trainees are pictured standing. Click here to see enlarged photo. (BIS Photo/Vandyke Hepburn) Minister of Foreign Affairs and Immigration Fred Mitchell toured the Grand Bahama Shipyard facility June 21, holding meetings with top executives and meeting the 26 youn......

Minister for Grand Bahama Michael Darville welcomes the new president of Buckeye Partners, LP Khalid Muslih to Freeport, Grand Bahama. From left: Robert Gaffney, vice president international operations, Bahamas Oil Refining Company (BORCO) International Ltd; Khalid Muslih; and Minister Darville. (BIS Photo / Vandyke Hepburn) Minister for Grand Bahama Michael Darville welcomes the Bahamas Maritime Authority managing director aand chief executive o......

...cially open the new Nassau Container Port at Arawak Cay are left to right: Michael Maura Jr, chief executive officer Arawak Port Development; Betty Mackey, widow of the late George Mackey; Godfrey “Tippy” Lightbourne; Prime Minister Hubert Ingraham; and James Mosko. (BIS Photo/Peter Ramsay) Although it has been in operation for quite some time, the port facility was officially opened for business May 3 at Arawak Cay. Recently APD offered some 20 p......

...annually. It is a tiny investment to set against an incalculable gain. Bio Michael Scott Michael Scott was born in Nassau in 1951. After studying at McMaster University in Ontario, Canada, he was admitted to the Bar of England and Wales in 1976 and enrolled as counsel and attorney of the Supreme Court of The Bahamas in the same year. From 1976 to 1979 he was an associate at McKinney, Bancroft & Hughes before moving to Callenders Orr, where he was......