IFC Caribbean 2021 - Barbados in Focus

IFC Caribbean continues to be the only dedicated guide to international finance centres, including Barbados. By featuring in-depth, technical analysis of recent trends and developments in the jurisdiction, IFC Caribbean is unique in positively promoting Barbados as a leading offshore financial centre by considering the jurisdiction’s expertise within the global wealth management industry.

1: Reference material: 

• Practical case studies and insightful interviews
• Key legislation and amendments listed
• Key tax treaties and international standards listed

2: Article/commentary piece: Invest Barbados provides an update on key financial developments in the jurisdiction over the past year.

3: Interview with the Barbados Financial Services Commission, in which they discuss how the jurisdiction is taking advantage of the wave of opportunities in the post-crisis environment, as well as the significant strides the jurisdiction is taking to ensure financial transparency and compliance.

4: Case Study: Arbitration: With arbitration being increasingly regarded as a time-efficient and flexible form of dispute resolution, we look at how the Bahamas is positioning itself as a centre for dispute resolution.

5: Technical Articles: Also featuring in depth technical articles examining recent developments and products offered within Barbados’ financial arena including, but not limited to;

• Trusts and Foundations: Barbados is a popular jurisdiction for the establishment and management of trusts and foundations. We look at trends in wealth structuring and preservation; and consider Barbados’ role in the global movement of wealth.

• Funds: We look at how the funds landscape in Barbados has been affected by the pandemic and what new trends are emerging as a result.

• FinTech: We look at how the jurisdiction continues to push boundaries in developing digital business innovations and solutions.

• Insurance: As an established captive insurance jurisdiction, Barbados is well positioned to adapt to the current risk climate. We consider what is ahead for the insurance and reinsurance landscape.

• Tax: Barbados aims to end the distinction in corporate tax payments between international business companies and domestic firms by this summer. We consider what else the jurisdiction is doing to encourage compliance and avoid harmful tax practices.