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News : Grand Bahama Last Updated: Feb 13, 2017 - 1:45:37 AM


Tax Experts to Speak at Business & Finance Summit in Grand Bahama
By Bahamas Financial Services Board
Jan 26, 2015 - 5:46:12 PM

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Jean Philippe Krafft and Mark Bridges

Nassau, Bahamas – Navigating the Winds of Change is only one of several key themes of this year’s International Business & Finance Summit (IBFS) being hosted by the Bahamas Financial Services Board on Feb 6-7 at the Grand Lucayan in Freeport, Grand Bahama. Under the primary theme of “Creating the New Legacy”, the Summit will look at how international financial centres are navigating the winds of change, ever in pursuit of the level playing field, examine this jurisdiction’s building blocks for a new legacy, and review how tradition can interweave with innovation for customized client solutions.

The Session on “Tax & Information Exchange: The Reform Agenda” will feature two international speakers: Mark Bridges, Partner, Farrer & Co. (UK) and Jean-Philippe Krafft, Wealth Planner, Pictet Group (Switzerland). Mark Bridges will examine the global context of the current debates surrounding the issues of Tax and Information Exchange, looking at this in terms of the historical position, as well as suggesting ways in which The Bahamas can be a prominent player in the future. Jean-Philippe Krafft will explain the Swiss perspective on automatic exchange of information. He will outline the challenges of this new OECD standard and discuss possible ways to meet them as well as explore the opportunities that will arise.

Mark's practice includes trust and estate planning for UK domiciled and resident individuals as well as international estate and succession planning. He served as the Solicitor to the Duchy of Lancaster between 1998 and 2012, and in 2002 was appointed Private Solicitor to HM The Queen.

Certified Tax Expert Jean-Philippe has been with Pictet Group, Genève since 2000. He has served as a Lecturer at both the University of Geneva and the Swiss Tax Academy and since 2008 with the University of Lausanne, Chargé de cours.

BFSB CEO Aliya Allen says the Board firmly believes in “growth by design” and that is why there has been increased focus on strategy development over the years; in fact well before the 10-year strategic plan developed in 2010. Some of the areas on which the institution has been concentrating in terms of sector growth and development – in collaboration with the Government of the day – are capacity building for growth, investing in and empowering the building blocks, creating & sustaining a culture of innovation and bridging the generations. These topics have been constants in agenda development for the annual Summit, and 2015 is no exception with some 13 different working sessions.

Pre (Feb 5) and Post Summit (Feb 8) events are scheduled to engender a time of networking amongst participants, complementing the social activities planned as part of the formal agenda.


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