Offshore
The Bahamas: A Complete And Compelling Choice – Part 1
The document has been put together by the Caribbean jurisdiction's financial services sector alongside this publication. This is the first of a two-part series.
The Bahamas Financial Services Board has set out developments in
the Caribbean jurisdiction in a two-part series, entitled The
Bahamas: A Complete and Compelling Choice.
The document – the first of the two publications – is
produced in conjunction with WealthBriefing.
The publication includes commentaries about legal developments in
the jurisdiction, such as moves to update 2020 digital
assets legislation – the DARE Act (Digital Assets and Registered
Exchanges Act), the ICON fund structure – designed for the
Brazilian market; the Bahamas Executive Entity (BEE). It provides
a trust with resolute organization and governance, and SMART
funds, touching on the area of purpose trusts to help investors
meet their objectives and risk limits.
WealthBriefing has interviewed a range of senior
financial sector, central bank and regulatory figures from the
jurisdiction, and a number of articles will appear soon.
To see the 2023 document about the Bahamas, click here.