Companies (Non-Profit Organisation) Regulations, 2014

The Companies (Non-Profit Organisation) Regulations, 2014 (the “Regulations”) came into effect on 6 August, 2014. The Regulations were specifically...

Relocating Investment Managers Offshore

The recent implementation of the European Alternative Investment Fund Managers Directive (“AIFMD”) in Europe will have forced investment managers...

The Trustee Exoneration Clause

Questions marks are constantly raised over the performance of a trustee’s duties and whether the trustee in question has...

Higgs & Johnson Successful in RAPAA Application

In 2012, Higgs & Johnson advised you of the introduction of the Rule Against Perpetuities (Abolition) Act, 2011 (the...

Changes to Private Trust Company Regime

In 2007 the Banks and Trust Companies (Private Trust Companies) Regulations (“the Act”) introduced a light touch regulatory regime...

FATCA as it relates to Bahamian Law

Overview of FATCA In 2010, the U.S. government enacted the Hiring Incentives to Restore Employment Act (the “Act”). The...

Real Property Tax Incentives Introduced in The Bahamas

On the 25th of February, 2013 Prime Minister Perry Christie, in his 2012/2013 Mid-Year Budget Statement, with a view...

Launch of Smart Fund Model 007: Super Qualified Investment Fund

Smart Fund Model 007 (the “SFM Model 007”) or the Super Qualified Investment Fund became available for use as...

Cayman Islands: New Patents & Trade Marks Law

A new Patents and Trade Marks Law came into effect in the Cayman Islands on December 7, 2011.