Page 3 - வழக்கறிஞர் ஜநரல் கார்ல் பெத்தேல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Minnis: Bahamas’ financial services sector shrinking Prime Minister Dr. Hubert Minnis acknowledged yesterday that The Bahamas’ financial services sector is shrinking due to global pressure. “The offshore financial services sector, our number two industry, has been shrinking due to a vastly different and much more stringent global regulatory environment,” Minnis said. He made his comments while opening the 2021/2022 national budget debate in the House of Assembly, making those remarks in the context of the bleak economic situation in the country due to Hurricane Dorian and the COVID-19 pandemic. The financial services sector could take another hit soon, as global tax watchdogs and the global superpowers look to impose a minimum corporate tax on corporations across the world.

United kingdomCayman islandsHubert edwardsCarl bethelHubert minnisJoe bidenOecd eu organization for economic cooperationOrganisation for economicUnited state house financial services committeeTax justice networkHouse of assemblyLevel solutionsDevelopment european unionPrime ministerHurricane dorianYahoo finance