Bahamas Avoids EU Blacklist

Bahamas Avoids EU Blacklist

Despite doing little for Bahamians affected by Hurricane Irma, the Bahamas government was able to use that storm as an excuse to convince the EU into not blacklisting the island nation as a tax haven.

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University of The Bahamas My Foot

September 26, 2015

University of The Bahamas My Foot

“The liberal arts are those subjects or skills that in classical antiquity were considered essential for a free person to know in order to take an active part in civic life.” We have been listening to and watching the many press conferences about the College of The Bahamas. It has been quite a laugh in many circles.

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Flowers: International opinions on local gaming sector ‘ill-informed’

October 28, 2017

Flowers: International opinions on local gaming sector ‘ill-informed’

CEO of FML Group of Companies Craig Flowers said comments from international institutions about The Bahamas’ gaming industry are “certainly not factual”, adding that they are “ill-informed”. A recently released International Monetary Fund (IMF) working paper that included a case study on The Bahamas stated: “Anecdotal evidence suggests that international correspondent banks are uncomfortable providing services to domestic banks that do business with either money transmission businesses (MTBs) or online gaming operators (so called web shops), which are perceived as a higher anti-money laundering/counter terror financing risk.

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