Bahamas races to amend rules as it tries to avoid EU's blacklist

Pedro Gonçalves
clock • 2 min read

The Bahamas government has tabled further legal changes in Parliament in a final bid to avoid the jurisdiction being blacklisted by the European Union.  The Minnis administration said it will unveil amendments to the Commercial Entities (Substance Requirements) Act to satisfy the 28-nation bloc's demands following the prime minister's recent trip to Brussels, local news outlet Tribune reports. "The amendments follow the latest round of high-level discussions between senior government officials and the European Commission, and take into account feedback received from the commission fol...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?