This document sets out areas that continue to preoccupy financial services professionals working in The Bahamas. Separately, this news service is pleased to announce a Landfall event on October 24 in Miami in conjunction with the Bahamas Financial Services Board.

The future of fintech, and the way that this sector can thrive in an international financial centre such as The Bahamas, is one of the themes set out in the second edition of The Bahamas: A Complete and Compelling Choice.

This second report highlights The Bahamas as a leader in financial technology, emphasizing the innovative Digital Assets and Registered Exchanges (DARE) Act. It explores environmental, social, and governance (ESG) standards, which are crucial for wealth managers advising high net worth individuals. The local workforce in The Bahamas, comprising professionals in finance, law, and environmentalism, excels in supporting ESG initiatives. The report also features AB Capital Partners, a New York-based investment firm, that successfully leveraged The Bahamas' financial products, particularly international business companies (IBCs).

This publication is a WealthBriefing two-part series on the Caribbean jurisdiction’s financial services sector.

To view the document, click here. To see the first part of this series, click here.

Email the editor tom.burroughes@wealthbriefing.com with your comments on this article. Selected comments will be posted on the website (link below).

Bahamas Financial Services Board’s events
In addition to the publication of the second mini report, WealthBriefing and the Bahamas Financial Services Board are hosting a Landfall event on October 24 in Miami, “A Wealth of Opportunities.” See the event’s agenda here and to attend, please register here.

The Bahamas Financial Services Board will also speak at Family Wealth Report’s Family Office Investment Summit on November 13 in New York. For more information, please visit the event website.