Bahamas Financial Services Board (BFSB), launched in April 1998, represents an innovative partnership and commitment by the financial services industry and the Government of The Bahamas to promote a greater awareness of The Bahamas’ strengths as an international financial centre. BFSB represents and promotes the development of all sectors of the industry including: banking, private banking and trust services, mutual funds, capital markets, investment advisory services, accounting and legal services, insurance, corporate and shipping registry and related services such as real estate.

BFSB’s information programme includes, among other initiatives, a content-rich website, a comprehensive newsletter and public awareness and education activities.

In addition to its coordinated programmes to increase confidence and expand knowledge of The Bahamas among international businesses and investors, the private sector-led BFSB will continue to consult with Government to develop new initiatives to meet the rapidly changing demands of international financial markets. Government and the private sector through membership fees share the Board’s costs, including those of a full-time executive director and support staff. Individuals or representatives of associations active in one of the areas of interest covered by BFSB elect the Board to two-year terms.