Press Releases

Bahamas delisted from FATF grey list

The Bahamas has officially been removed from the Financial Action Task Force’s (FATF) grey list of nations…

MOFSTII Report Remarks- Min. Elsworth Johnson

On Thursday, October 22nd, 2020, the Hon. Elsworth Johnson delivered a live report to the people of the Commonwealth of The Bahamas on the work of the Ministry of Financial Services, Trade & Industry and Immigration.

Department of Immigration launching three major initiatives in the coming weeks

The Ministry of Financial Services, Trade & Industry and Immigration is launching a number of Immigration-related improvements as the Ministry works to realize the government’s agenda for improving the ease of doing business and accelerating the digital transformation of government service

Improved trade between the Bahamas and UK to come as economic partnership agreement talks begin

Nassau, The Bahamas, July 29th, 2020— On Monday 27 July, the Government of The Bahamas and the British High Commission Nassau met to discuss increasing trade between the UK and The Bahamas, primarily through the domestic ratification of the CARIFORUM-UK Economic Partnership Agreement (EPA), signed in London in 2019.

Johnson: Trade could become third pillar of economy

Elsworth Johnson, minister of financial services, trade and industry and immigration, told an internet-based conference that the government is hoping to significantly reduce graft by eliminating cash payments for work, residency and other permit types.