Securities Commission Annual Report (2000 – 2018)
15 May, 2020
Since our inception in 1995, the Commission has remained vigilant in its efforts to contribute to the growth and development of a financial services sector
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Since our inception in 1995, the Commission has remained vigilant in its efforts to contribute to the growth and development of a financial services sector
The Insurance Commission of The Bahamas is an independent regulatory agency with responsibility for regulating all insurance activity in and through The Bahamas. It serves
Under the Central Bank of The Bahamas Act, 2000 (the Act), the Bank is mandated “to promote and maintain monetary stability and balance of payments conditions, conducive to the orderly development of the economy; in collaboration with other financial institutions, to promote and maintain adequate banking services and high standards of conduct and management therein; and to advise the Minister of Finance on any matter of a financial or monetary nature referred by [the Minister] to the Bank for its advice.”
In July 2017, the Government of The Bahamas officially launched the Public Financial
Management/Performance Monitoring Reform (PFM/PMR) Project. The PFM/PMR Project
is financed through an Inter-American Development Bank loan to The Bahamas valued at
$33 million, which was approved by Parliament in 2016. The PFM/PMR Project is managed
by the Project Implementation Unit (“PIU”) under the Ministry of Finance, and aims to
strengthen the Government’s capacity to allocate, manage and monitor public resources,
through the four (4) components summarised in Figure 2
The Bahamas Ministry of Economic Affairs is the entity responsible for providing vision, strategic direction, policy, and information related to the movement of financial resources, economic diversification and growth.
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