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.