Bulletins

06/17/2015

FATCA Reporting Requirements

Many Bahamian financial institutions (“BFIs”) are now preparing to commence reporting to the Bahamian Government on accounts held by...

Bulletins

06/15/2015

Legislative Amendments: Real Property Tax

In the 2015/2016 Budget Communication presented by the Right Honourable Prime Minister Perry Christie, Prime Minister Christie communicated the...

Bulletins

06/03/2015

Coming Changes to the Business Licence Regime

On Wednesday, May 27th, 2015, the Prime Minister presented the 2015/2016 Budget to the House of Assembly. In it...

Bulletins

10/20/2014

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...

Bulletins

08/08/2013

Relocating Investment Managers Offshore

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

Bulletins

07/01/2013

The Trustee Exoneration Clause

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

Bulletins

06/20/2013

Higgs & Johnson Successful in RAPAA Application

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

Bulletins

05/09/2013

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...

Bulletins

03/13/2013

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...