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Regulators exploring regime for blockchain

Bahamian financial regulators are exploring the creation of appropriate regulatory regimes for the emerging blockchain technology and cryptocurrency sectors.Their efforts come as The Bahamas hosts industry leaders, financiers, block signers and miner

Turtle killer

Re: Hunt for turtle’s hammer killer.

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Police Farce: Audit exposes RBPF

RESEARCHERS who conducted a manpower audit of the Royal Bahamas Police Force flayed last year’s promotional exercise in their report while revealing the top-heavy Force needs 791 more constables to be more effective.

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On deck and close to the action at the Battle of Jutland

101 years ago this weekend, Lt Robert Tatton Bower, of the Royal Navy, wrote a letter to his father, giving a first hand account of the largest World War 1 naval battle from aboard HMS Inconstant. Lt Bower’s descendants have Bahamian connections: his son Paul, came to the islands and was Publisher of The Nassau Guardian while his grandsons, Nigel and Bobby, are known business figures in Nassau.

Royal Bank readies for Freeport Expo

BC Royal Bank of Canada and RBC FINCO will tomorrow stage its 2013 Home & Auto Expo at their Freeport Branch on East Mall & Explorers Way.

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Turnquest and Anand finish 2nd in their divisions at the 30th Caribbean Junior Golf Championships

TEAM Bahamas produced a pair of top three finishers against elite junior golf talent in the region at the 30th edition of the Caribbean Amateur Junior Golf Championships.The team concluded the final round yesterday following the three-day competition

Benchmark chief: SEC deal talks ‘not over yet’

A BISX-listed company’s principal yesterday warned “it’s not over yet”, even though his two-year legal battle with US federal regulators has taken another step towards resolution.

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Elite junior golfers on par in the Albany Classic

MONTHS after some of the top golfers in the PGA took the Albany Golf Course, elite juniors from around the region followed the same path and competed in the Albany Junior Golf Classic.

Don’t gamble away the legal profession

Do you consider yourself a gambler? Opening the Bahamian legal system to foreign law firms is just that: A gamble. There is only a small chance (20 per cent, give or take) that opening the legal system to foreign law firms will drastically increase offshore financial services bsiness for the Bahamas.

Broker 'caused' to supply false financial details

The mastermind behind a $340 million Ponzi fraud allegedly “caused” a BISX-listed firm’s broker/dealer affiliate to issue “fabricated financial information” that resulted in the value of investors’ holdings being overvalued by almost $149 million.

A reckless promise that might founder

TUESDAY’S first cabinet meeting of the newly-elected PLP government, marked Day One of its first 100 days of governing, Prime Minister Perry Christie announced. Day One was also marked with a warning salvo from Moody’s Investment Services, one of three major credit rating agencies.

Chamber chief urges: ‘Stop finger pointing’

The Chamber’s chief executive yesterday urged Bahamians to “stop finger pointing” and instead develop “workable solutions” to this nation’s economic and fiscal woes, in the wake of Standard & Poor’s (S&P) ‘junk’ downgrade.

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Bahamas' 27% FDI ratioleads West Hemisphere

The Bahamas’ 27 per cent gross foreign direct investment (FDI) ratio led the entire Latin American and Caribbean region in 2012, a Wall Street rating agency yesterday ranking this nation as one of only two projected to achieve above average economic growth in 2012.

Tobacco manufacturer eyes 55 'growing' jobs

A wholly-Bahamian owned cigarette and tobacco manufacturer plans to have its growing program on Andros at “full throttle” this summer, a move which is expected to create 50-55 direct and indirect jobs on the island.

BISX listee’s chief loses SEC lawsuit dismissal bid

A BISX-listed firm’s chief executive, and its main broker/dealer subsidiary, yesterday lost their bid to dismiss a US federal regulator’s lawsuit against them over an alleged $400 million fraud.

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Dames and Lightbourne sign letters of intent

JOSHUA Dames and Bradley Lightbourne became the latest Bahamian basketball talents to announce their intention to join programmes at the Junior College level.

Karl McCartney and Stampeders lead the west in the CFL

NOW in his sixth season with a Canadian Football League powerhouse, Bahamian veteran Karl McCartney is continuing his role as a special teams ace and reserve linebacker.

Kadeem, Mark and Travis top performers among Bahamians

KADEEM Coleby, Mark St Fort and Travis Munnings were several of the top performers among Bahamian basketball players active in their respective programmes over the weekend.

Wells, Rose lead race for trophy

HEADED into the final day of competition at the Caribbean Amateur Golf Championships, one pairing of Team Bahamas will attempt to cling to their position atop the leaderboard while others face an uphill climb toward contention.

NPBA: Giants and DDL in win column

THE defending champions Discount Distributors Liquors and runners-up Commonwealth Bank Giants both pulled off victories over the weekend to highlight the men’s division one play in the New Providence Basketball Association.