Sustaining Business Longevity

The legislative updates have also led to the eradication of marketing barriers which open the door to considerable potential expansion. Kevin Moree, partner at McKinney Bancroft & Hughes, explains: “As the investment fund legislation in The Bahamas is now fully compliant with the Alternative Investment Fund Managers Directive of the EU, there should no longer be any restrictions for marketing Bahamian investment funds to investors in the EU. It is now also possible for Bahamian companies to manage alternative investment funds established in a member state of the EU, subject to obtaining the appropriate licence from the Securities Commission.

Full magazine link

https://www.hedgeweek.com/special/bahamas-focus-2020