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News Last Updated: Sep 19, 2018 - 12:17:18 PM
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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.
News : Bahamas Information Services Updates
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 Bahamas.

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...
News : Bahamas Information Services Updates
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)...
News : Bahamas Information Services Updates
Parliamentary Secretary, Board of Directors and Executives Tour the Broadcasting Corporation - Sep 18, 2018 - 7:57:21 PM

Parliamentary Secretary Mrs. Pakesia Parker-Edgecombe, the Board of Directors, and  Executives of The Broadcasting Corporation of The Bahamas toured the facility at the Nassau headquarters on Harcourt “Rusty” Bethel Drive – namely the new Training/Conference Room, Greenroom & Exterior facility...

News : Bahamas Information Services Updates
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 their region...
News : Ministry of Tourism Updates
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.

The 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.

Director of Business Development in the Ministry of Tourism and Aviation, Janet Johnson said she was overwhelmed with the reaction to the seminar...
News : Bahamas Information Services Updates
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 measures.

“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...
News : Bahamas Information Services Updates
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...
News : Bahamas Information Services Updates
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...
News : Bahamas Information Services Updates
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”...
News : Bahamas Information Services Updates
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 services sector.

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 Centre...
News : Bahamas Information Services Updates
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

The 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...
News : Bahamas Information Services Updates
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...
News : Bahamas Information Services Updates
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...
News : Bahamas Information Services Updates
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. 

(BIS Photos/Letisha Henderson)...
News : Bahamas Information Services Updates
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.

The resurfacing of Bernard Road will extend from the “Village Rd/Wulff Rd/Soldier Rd Junction” to the Roundabout at Fox Hill Freedom Park...
News : Bahamas Information Services Updates
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...
News : Bahamas Information Services Updates
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 conduct.

“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.

The 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...
News : Local
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.

While 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...
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ORG: Integrity Commission/Ombudsman Bill must be prioritized
Government Receives Marine Protection Plan
Olympian Shaunae Miller-Uibo calls on PM Minnis
Parliamentary Secretary, Board of Directors and Executives Tour the Broadcasting Corporation
The Society of Trust and Estate Practitioners (STEP) Global Conference 2018
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