||Last Updated: Sep 19, 2018 - 12:17:18 PM
ORG: Integrity Commission/Ombudsman Bill must be prioritized
- Sep 19, 2018 - 12:09:38 PM
As The House of Assembly prepares to reopen session today, The
Organization for Responsible Governance (ORG), a not-for-profit aimed at
good governance, education reform, and economic development, is probing
the status of the Integrity Commission and Ombudsman Bills, tabled in
parliament nearly a year ago.
“It has been an eventful summer;
headlines such as the BPL Board dismissals and the accusations in
recent high profile corruption cases reinforce the need to put best
practice anti-corruption measures in place such as the Integrity
Commission and Ombudsman,” said Matt Aubry, Executive Director of ORG.
Government Receives Marine Protection Plan
- Sep 18, 2018 - 9:56:45 PM
On September 18, 2018, members of the Bahamas Protected project team
submitted a Marine Protection Plan to the Government for expanding
marine protected areas in the country in an effort to protect future
jobs, safeguard the environment, and help protect food sources for The
According to information from the team, the plan will
help the Government fulfill its pledge to protect 20 percent of the
country’s seabed by 2020. One of the major issues that Marine
Protection Plan helps solve is the decline in our marine resources from a
variety of negative impacts including climate change and poaching...
Olympian Shaunae Miller-Uibo calls on PM Minnis
- Sep 18, 2018 - 9:35:39 PM
Bahamas Olympic 400-Metre Gold Medal Winner Shaunae Miller-Uibo paid a
courtesy call on Prime Minister, Dr. the Hon. Hubert A. Minnis today at
Cabinet Office, Churchill Building, downtown. Shaunae is pictured
greeting the Prime Minister. She also had the opportunity to meet
members of the Cabinet after her courtesy call, and is pictured seated
next the the Prime Minister and her husband, Maicel Uibo, along with her
mother and father, Mabelene and Shaun Miller, surrounded by the members
of the Cabinet.
(BIS Photos/Yontalay Bowe)...
The Society of Trust and Estate Practitioners (STEP) Global Conference 2018
- Sep 18, 2018 - 4:51:01 PM
The Ministry of Financial Services Trade & Industry and Immigration
was a major sponsor of The Society of Trust and Estate Practitioners
(STEP) Global Conference held in Vancouver, Canada during the period
13th – 14th September 2018. The STEP Global Conference is the leading
forum where representatives travel from numerous jurisdictions from
across the globe to network and make peer-to-peer connections within the
diverse group of wealth management professionals, speakers, service
providers and diplomats who are leaders of financial services within
Tourist Money Never Done Symposium a major success
- Sep 18, 2018 - 4:42:53 PM
Tourism officials are planning to visit a number of Family Islands to
hold the workshop ‘Tourist Money Never Done’ after the inaugural event
at the British Colonial Hilton on September 13 -14, was oversubscribed.
event was developed by the Ministry of Tourism and Aviation in
conjunction with the Bahamas Development Bank and Patrick Rahming &
Associates to assist budding tourism entrepreneurs and stakeholders in
brainstorming ideas for new products in the country’s number one sector.
of Business Development in the Ministry of Tourism and Aviation, Janet
Johnson said she was overwhelmed with the reaction to the seminar...
Regulators have Issued Anti-Money Laundering/Combating the Financing of Terrorism Guidelines
- Sep 18, 2018 - 4:20:50 PM
Deputy Prime Minister and Minister of Finance, the Hon. K. Peter
Turnquest said regulators have issued Anti-Money Laundering/Combating
the Financing of Terrorism (AML/CFT) guidelines, codes of practice and
rules to industry stakeholders outlining best practices for verifying
the identity of their customer and developing AML/CFT procedures and
“Along with The Central Bank of The Bahamas, other
regulators, such as, The Bahamas Securities Commission, Insurance
Commission and Compliance Commission, are actively engaged with
monitoring their constituents with regards to AML/CFT compliance...
Meeting of UNESCO World Heritage Steering Committee
- Sep 18, 2018 - 2:22:19 PM
A Meeting of the Steering Committee of UNESCO World
Heritage, ‘Intangible Cultural Heritage and Protection and Promotion of
Diversity of Cultural Expressions Convention’ was held at the Ministry
of Education on the 13th September 2018.
The Steering Committee
examined the way forward in promoting the ideals of UNESCO, protecting
national cultural and intangible cultural heritage, and accessing
technical, financial and consultancy assistance in the areas of UNESCO
competency, being Education, Culture, Science, and Communication...
The Governor General Pays Respects to the Family of the Late Police Inspector Carlis Blatch
- Sep 17, 2018 - 8:05:17 PM
Governor General, Her Excellency the Most Hon. Dame Marguerite Pindling
paid respects to the family of late Aide-de-Camp to the Governor
General, Police Inspector Carlis Blatch at their home in Yellow Elder on
Sunday, September 16, 2018. Photos show the Governor General visiting
with the family and presenting flowers to them.
BIS Photos/Letisha Henderson...
Courtesy Call on Minister Rolle - A Celebration for Shaunae Miller-Uibo
- Sep 17, 2018 - 7:46:08 PM
Surrounded by cheering well-wishers and waving Bahamian flags, Olympic
Gold-Medalist and 2018 Diamond League Winner Shaunae Miller-Uibo arrived
at the Ministry of Youth, Sports and Culture (MOYSC) for a courtesy
call that was a celebration for all present, on September 17, 2018, even
those cheering and dancing to live Junkanoo music on the two floors
above the building's main floor.
Minister of Youth, Sports and
Culture the Hon. Lanisha Rolle told those gathered in the University
Drive Head Office that “many athletes have done virtuously, today we
welcome home the one, who in this season, excels them all”...
The Bahamas Reaffirms its Commitment to Being a ‘Well Regulated’ Financial Jurisdiction
- Sep 17, 2018 - 7:30:39 PM
The Government of the Bahamas is ‘committed’ to maintaining the
jurisdiction as ‘clean, compliant and transparent’ in meeting and
complying with international standards. This, Minister of Financial
Services, Trade & Industry and Immigration, the Hon. Brent Symonette
said will ensure that the jurisdiction is successful in the financial
Mr. Symonette made the remarks while speaking at
the Anti-Money Laundering to Counter Financing of Terrorism (AML/CFT)
conference being held on Monday, 17th September at Baha Mar Convention
Attorney General's remarks at today's AML/CFT Conference
- Sep 17, 2018 - 7:13:57 PM
Good morning ladies and gentlemen,
I would like to thank the
Group of Financial Services Regulators (GFSR) for hosting this timely
conference on managing the risks of Money Laundering and Terrorism
Financing. I would also like to thank the executives of the GFSR for
inviting me to speak on this topic this morning.
History of the Bahamas
Caribbean island nations and territories are, without exception, former
or current colonies of Great Britain, Spain, France or the Netherlands.
The Bahamas’ history as a former colony of The United Kingdom of Great
Britain & Wales is rich in farming (cash crops, sugar cane, bananas,
sisal and cotton), sponging and fishing...
Small Business Development Centre (SBDC) confirmed two new hires
- Sep 17, 2018 - 6:34:47 PM
Two critical new hires highlight the gathering momentum being
generated as the new Small Business Development Centre (SBDC) races
toward its official launch on September 20. Executive Director, Davinia
Blair announced on Thursday, September 13 that the SBDC hired an
Associate Director of Operations and had contracted for someone to
design and build the SBDC website...
PM Minnis opens National Skills Symposium
- Sep 17, 2018 - 5:22:33 PM
In keeping with the government’s commitment to improve the standard of
living for Bahamians, Prime Minister Dr. the Hon. Hubert A. Minnis
officially launched the National Committee for Industry & Skills
Development, on Monday, September 17, 2018 at the opening of the
National Skills Symposium.
The national committee was established
to closely examine the skills gap that presently obstructs economic
growth. Administered by the Ministry of Labour, it comprises an effort
to address the lack of sufficient skilled Bahamian workers to meet
labour demands, now and in the future...
Bahamas Christian Council visits and prays for Government House Staff
- Sep 17, 2018 - 4:43:56 PM
The Bahamas Christian Council visited and prayed for the staff of
Government House on Monday, September 17, 2018 to assist with their
coming to terms with the recent tragic loss of Aide-de-Camp to the
Governor General, Police Inspector Carlis Blatch.
Public notice: Re-Surfacing of Bernard Road
- Sep 17, 2018 - 3:59:47 PM
The Ministry of Public Works/Bahamix, has scheduled Milling and Paving
works for Bernard Road from 9:30a.m. to 2:00p.m., Monday through Friday,
beginning September 19th 2018, for 21 working days.
resurfacing of Bernard Road will extend from the “Village Rd/Wulff
Rd/Soldier Rd Junction” to the Roundabout at Fox Hill Freedom Park...
Small Islands have to grapple with the imposition of external standards set by larger countries
- Sep 17, 2018 - 2:23:11 PM
Deputy Prime Minister and Minister of Finance, the Hon. K. Peter
Turnquest said small islands like The Bahamas have to grapple with the
imposition of external standards set by the world’s large countries when
it comes to the financial sector.
“This sometimes happens
without due regard for national sovereignty or the spirit of
international cooperation that should exist. This is a challenge we must
acknowledge and address,” DPM Turnquest said at the two-day AML/CFT
Anti-Money Laundering: Countering the Financing of Terrorism 2018 Risk
Management Conference at Baha Mar, September 17, 2018...
As International Financial Centre, Bahamas must keep up with constant change
- Sep 17, 2018 - 1:54:02 PM
Deputy Prime Minister and Minister of
Finance, the Hon. K. Peter Turnquest said The Bahamas operates in an
environment of constant change when it comes to the international
financial sector, particularly when it comes to international codes of
“In the region, when it comes to keeping pace with the
ever-evolving standards, we know the challenges all too well,” DPM
Turnquest said at the two-day AML/CFT Anti-Money Laundering: Countering
the Financing of Terrorism 2018 Risk Management Conference at Baha Mar,
Monday, September 17, 2018...
Lucayan Renewal Holdings Ltd. Chairman, Official Visit
- Sep 16, 2018 - 12:40:58 PM
The Chairman and Directors of Lucayan Renewal
Holdings, the Special Purpose Vehicle (SPV) created for the purchase of
the Grand Lucayan Resort, met officially with the management, staff and
unions of that resort today. The Board gave the assurance that the
staff would not be prejudiced in any way and that they would have the
option to volunteer for separation packages at the appropriate time.
SPV and its Board assumed operational control and management of the
Resort at the request of Hutchison in the early hours of the 11th of
September 2018. During the meetings participants were informed that the
SPV, will take over officially, upon the closing set for September
21st, 2018 following the approval of the Resolution to...
Defence Force’s Harbour Patrol Unit Makes Arrest
- Sep 15, 2018 - 11:32:09 PM
Two American citizens are in Police custody after they were found
in possession of suspected drugs and weapons by members of the Royal
Bahamas Defence Force Marines on Friday afternoon.
on patrol shortly after 12:00 pm, Patrol craft P-115, coxswained by
Leading Seaman William Burns conducted a routine boarding and search of a
blue and white Contender in the area of Nassau Harbour east. Results of
the search uncovered a small quantity of suspected marijuana onboard.
Further search of the vessel also uncovered 2 pistols, 1 shotgun and a
total of 262 rounds of ammunition...