This story is reproduced by kind permission of the Bahamas Financial Services Board at http://www.bfsb-bahamas.com
Earlier in the year, the Bahamas Financial Services Board presented to the Bahamas Government an E-Commerce Position Paper, detailing a strategy for The Bahamas to become a global leader as an electronic commerce and communications hub, including the development of enabling legislation. It also served on the Ministry of Finance's National Steering Committee on E-Commerce, which led to the drafting of an action plan submitted to the Cabinet.
The BFSB Working Group on E-Commerce now has been presented with the drafts for proposed legislation, as follows:
The Working Group will be submitting industry input to the Ministry of Finance once review of the draft legislation is completed.
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