The Government of the Bahamas has made clear its intention that the jurisdiction should continue to be a bluechip, well-regulated centre – qualities fundamental to maintaining its success as a financial hub.
Key to achieving this is a robust legislative environment. The Purpose Trust Act, Segregated Accounts Companies Act, enhancements to the International Business Companies Act and amendments to the Perpetuities Act are all important pieces of legislation enacted during the first six months of 2004.
