�.��&�����U��G_B|������V@�!��"�V��;k�Һ���ۜ/� �*��lW8�� C�V���d^YL���I����V:�n�嚡3zgyZ� T�� �ڍ!z���)��U�\�y�rgB�εM�TkEV���| �k�r�u�����w�G�| 5+�H $�mė�l�2bЀ���rN-�&�'Hk�����h�ib'%֎|$Shn�e��0n�윧��R�2���V 242- 397-4100 SCB Chairman Underscores Role of Corporate Governance in The Bahamas The Chairman of the Securities Commission of The Bahamas, Mr. Robert Lotmore, emphasized the importance of good corporate governance during The ahamas Institute of hartered Accountants’ 24 s.2019 – Code of Corporate Governance for Public Companies and Registered Issuers 19 December 2019; Governance Standards for Microfinance NGOs 4 November 2018; MC No. It is generally agreed that weak corporate governance has been responsible for some recent corporate failures in Nigeria. of Individuals Pursuant to the Securities Industry Act, 2011, the Investment Funds Act, 2019 . GOVERNANCE GUIDELINES. ... Deputy Managing Director and Corporate Governance Officer at Lombard Odier Group. A thriving Bahamas where accountable and transparent governance allows each individual, business and group a say in decisions that affect our future and equal access to opportunity Our Mission. ����u��v> �d��8\�p�խhf*�J`~�VV��[�K��1���A}� �4�B���ؕ,�۝�M�g�����F�V���3L[��܃�Ż±�b�{�Q�3�� �%R�\"�4h5'��h�s%��˘�v��`t�V��J��ww�v9��q̢Kr+-N��'XY����6:l����&���r;qD/�j��l�� �f(ă�Y������Y�)+\���3Q^QB. Commission of the Bahamas, the banking industry is regulated by the Central Bank of the Bahamas (the Central Bank) and the ... Securities Industry (Corporate Governance) Rules, 2019. stream Islamic Capital Market; Digital. 2 0 obj 3.5 Where a licensee is incorporated in The Bahamas and is a publicly listed company, it will also have to meet standards set by the Securities Commission of The Bahamas. Guidance Notes and Statements Of Practice, Financial and Corporate Services Providers, Financial and Corporate Service Providers Act, Securities Industry (Contract for Differences) Rules, 2020, Securities Industry (Take-Over) Rules, 2019, Securities Industry (Take-Over)(Amendment), Rules 2020, Securities Industry (Corporate Governance) Rules, 2019, Securities Industry (Corporate Governance)(Amendment) Rules, 2020, Securities Industry Act (Anti Money Laundering and Countering the Financing of Terrorism) Rules, 2019, Securities Industry (Anti Money Laundering and Countering the Financing of Terrorism)(Amendment) Rules, 2020, Securities Industry Act (Compliance Officer) Rules, 2019, Securities Industry (Fees)(Amendment) Rules, 2020, Securities Industry Act (Fee) (Amendment) Rules, 2017, Securities Industry Act (Disciplinary Proceedings) (Hearings and Settlements) Rules, 2017, Securities Industry Act (Registration of Registrar and Transfer Agents) Rules, 2016, Securities Industry Act (Anti Money Laundering and Countering the Financing of Terrorism) Rules, 2015, Securities Industry Act (Fee) Rules, 2012, Securities Industry Act (Physical Presence) Rules, 2012, Investment Funds (Fees) Rules, 2020 (Revoked), Investment Funds (Prescribed Jurisdictions) Rules, 2020, Investment Funds Act (SMART Fund) Rules, 2003 [SFMs 001, 002, 003, 004], Investment Funds Act (Financial Statements Extension of Time) Rules, 2004, Investment Funds Act (SMART Fund) Rules, 2005 [SFM 005], Investment Funds Act (SMART Fund) Rules, 2009 [SFM 006], Investment Funds Act (SMART Fund) Rules, 2012 [SFM 007], Financial and Corporate Service Providers (Fees) Rules, 2020, Financial and Corporate Service Providers Act (Anti Money Laundering and Countering the Financing of Terrorism) Rules, 2019, Financial and Corporate Service Providers (Anti Money Laundering and Countering the Financing of Terrorism)(Amendment) Rules, 2020. Some of the other key securities laws being developed include the compliance officer rules, takeover code, and corporate governance rules. Join to Connect. 4. The Securities Industry Act, 2011 requires that the Membership of the Securities Commission of The Bahamas consist of a Chairman, a Deputy Chairman, the Executive Director of the Securities Commission, who serves in an ex-officio capacity, and up to five other members. The Securities Industry (Business Capital) Rules, 2018, which were developed by the Commission to specifically address funding for small and medium businesses are now being finalized. �խ�(db]PN�7�����@�M�lL�h�2��Wq@]+YiR\q@�`fA������ )�\S�Օ�u���{�l�v���f�዁.���m�1���#^]��?��Wc�T*'b~>���(�ATA܈2k$� �~�9�ΆW�Dh��H-���+2�-c���|��׌sv4�.�# ��)|�#5,a�����*�s�C!��N��UW�n��D/��|$�FE� gT���k�����Ɖ���>;��ݻX� List of Recognised and Qualifying Examinations for Registration, Licensing or Approval . 19 s. 2016 – Code of Corporate Governance … ... Securities Commission of The Bahamas. endobj The Securities Commission of The Bahamas (“the Commission”) is responsible for the administration of the Securities Industry Act, 2011 (“SIA, 2011”) and the Investment Funds Act, 2003 (“IFA, 2003”), pursuant to which it supervises and regulates the activities of the investment funds, securities and capital markets. Corporate governance. The Securities Industry (Business Capital) Rules, 2018, which were developed by the Commission to specifically address funding for small and medium businesses are now being finalized. The Securities Commission of The Bahamas (“the Commission”) is responsible for the administration of the Securities Industry Act, 2011 (“SIA, 2011”) and the Investment Funds Act, 2003 (“IFA, 2003”), pursuant to which it supervises and regulates the activities of the investment funds, securities and capital markets. SECURITIES COMMISSION OF THE BAHAMAS List of Recognised and Qualifying Examinations 1 . 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