The Bahamas Financial Services Board (BFSB) has outlined its agenda for the coming year in a statement released at the weekend.
Summarising a series of presentations made by the Financial Services Board CEO and Executive Director, Wendy Warren in December, the BFSB statement revealed that the organisation will be primarily focusing its attention on financial intermediaries and advisers, who often play a large role in the selection of an international finance centre on behalf of their clients.
‘We will be utilising more of our resources in relationship building programmes to promote the professional expertise and products available in our jurisdiction,’ Ms Warren explained.
Addressing the achievements of the Financial Services Board in 2002, the BFSB CEO suggested that the organisation had been particularly successful in increasing recognition of the importance of the finance industry to the economy of the Bahamas, and in giving constructive input to the government with regard to legislative development.
By Amanda Banks, Tax-News.com
