PRIME Minister Perry Christie yesterday challenged financial service practitioners to mitigate “extra-territorial regulatory burden” through regional co-operation and government support.
Outlining the continued success of the Bahamas’ financial services industry, Mr Christie spoke at the opening of the Society of Trust and Estate Practitioners Caribbean Conference (STEPCC) yesterday.
He said: “As this new ‘world order’ emerges, I seek to discover positive developments.
“In this regard, it is my hope that from these changes we begin to find new opportunities for co-operation between countries and a new pursuit of deeper understanding so that the mistrust between countries engaged in financial services can begin to wither – as the mistrust between countries engaged in commercial trade or manufacturing has also started to wither.
“It is only through joint effort will we be able to reach our fundamental goal. STEP Caribbean, through its members, can play a large role in this process.”
Comments
Use the comment form below to begin a discussion about this content.
Sign in to comment
OpenID