The Bahamas' ability to create investment products quickly in response to clients' specific needs gives it an advantage as an international financial centre, though greater communication efforts may be needed to convince its critics regarding the country's compliance with international regulation. The discussion was sponsored by the Bahamas Financial Services Board, Equity Bank and Trust, Deltec and the Bahamas Ministry of Financial Services and independently edited by The Banker.
The economy, international finance and investment in the Bahamas
Ahead of the annual meeting of the Inter-American Development Bank, Silvia Pavoni, economics editor at The Banker, travelled to Nassau, the Bahamas, to chair a discussion about the country’s financial centre and its place in the local economy as well as in the world of international finance and trade.
Discussion points:
• The Bahamas’ financial services sector
• The financial centre’s role and reputation
• International regulation and compliance
• Financial innovation
Participants:
• David Munoz, CEO, Deltec Bank and Trust
• Hope Strachan, minister of financial services and local government, Bahamas
• Ivan Hooper, CEO, The Winterbotham Trust Company
• Ivylyn Cassar, vice-chairman, Equity Bank and Trust Bahamas
• Michael Paton, partner, Lennox Paton
• Tanya McCartney, CEO, Bahamas Financial Services Board
The Bahamas' financial centre
Ahead of the annual meeting of the Inter-American Development Bank, Silvia Pavoni travelled to Nassau, The Bahamas to chair a discussion about the country's financial centre and its place in the local economy as well as in the world of international finance and trade. The conversation was filmed and sponsored by the Bahamas Financial Services Board and Equity Bank and Trust.
