Offshore
The Bahamas: A Complete And Compelling Choice β 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 β the first of the two publications β 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 β the DARE Act (Digital Assets and Registered Exchanges Act), the ICON fund structure β 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.