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BFSB hosting promotional seminar in Toronto

More than 75 financial and business professionals from Toronto, Canada are expected to attend a seminar being coordinated by the Bahamas Financial Services Board(BFSB)on Wednesday, March 30, at the Toronto Board of Trade, in the heart of the city’s financial district.

‘Bahamas Landfall: Rediscovering The Bahamas’will update participants on developments in the financial services industry in The Bahamas; Grand Bahama and the maritime sector; and residency and second home ownership. An update on the tax information exchange agreement(TIEA)between The Bahamas and Canada also will be provided.

“We are very pleased with the interest in the seminar by the financial and business community in Toronto,”said Wendy Warren, BFSB’s CEO and executive director.”The Canadian economy weathered the recent recession much better than most countries and continues to do well. I think it’s clear through the expected turnout that The Bahamas is being viewed with great interest as a location for investment and financial service opportunities.”

A similar workshop was held in Calgary at The Petroleum Club on Monday, March 28 for financial and business professionals.

BFSB’s Bahamas Landfall workshops were organized to coincide with a trade and investment mission to Canada led by Prime Minister Hubert Ingraham, who also attended meetings of the Inter-American Development Bank(IDB)which took place in Calgary.

The Bahamas Landfall event, and the meetings in Calgary, are receiving sponsorship support form Ansbacher Bahamas, ATC Trustees(Bahamas)Limited, Butterfield Bank(Bahamas)Limited, IP Solutions International, KPMG, Premier Fund Services, PricewaterhouseCoopers, RBC Private Wealth Management and Scotiabank.

The speaker line-up is impressive. The lead presenter, Minister of State for Finance Zhivargo Laing, will speak to Grand Bahama as a light industry, transshipment and maritime hub. The concluding presenter, Attorney General John Delaney will also give a presentation. Seminar participants are expected to benefit from a content rich seminar.

Technical presentations will address the securities industry, investment funds services, estate planning, infrastructure and the business environment, and the benefits to be derived from the Bahamas-Canada Tax Information Exchange Agreement. These presentations, along with corporate testimonials, will be given by Aliya Allen of Graham Thompson&Co.; Barry Malcolm of Scotiabank(Bahamas)Ltd.; Carlton Mortier, Ansbacher Bahamas; Edison Sumner, IP Solutions International Ltd.; Julien Martel, Butterfield Bank(Bahamas)Ltd.; Kevin Seymour, PricewaterhouseCoopers; Paul Winder, ATC Trustees(Bahamas)Ltd.; Simon Townsend, KPMG Bahamas; and Terah Rahming, Premier Fund Services.

Twenty two individuals representing various Bahamian financial and business firms will be in Toronto for the BFSB seminar.

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Closing the register