Our Blogs

Central Bank of Barbados Announces Further Ease of Exchange Controls

The Central Bank of Barbados has further liberalised foreign currency transactions, continuing the movement toward more relaxed exchange controls that it began in 2019. The new policy, which will impact several types of foreign currency transactions, goes into effect from Monday, February 17, 2020. “Authorised dealers can now approve and execute larger foreign currency transactions, […]
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Seeing Through The Weeds: Navigating The Medicinal Cannabis Industry In Barbados

The Medicinal Cannabis Industry has experienced significant growth globally propelled by a number of factors including legislative enactments to facilitate the decriminalisation of consumption and create frameworks for industries leveraging cannabis plant derivatives for therapeutic purposes. This confluence of scientific, social and economic interests has catalysed the enactment of these laws in Barbados. As a […]
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Working Remotely: The Barbados Welcome Stamp

In conclusion, the bottom line for an attorney in not giving out free legal advice is that if something goes wrong regarding the advice given or forms filled out there can be a malpractice suit. If there has been no fee received the attorney will have no way to settle the suit without putting him or herself in a monetary bind. Read and learn from free legal information; pay for legal advice when you are ready to proceed with your case.
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Sussing Out Substance: The Economic Substance Regime in Barbados

According to Altman Weil’s 2018 Chief Legal Officer Survey, corporate legal departments are spending more on internal expenditures than on outside counsel for the first time in the history of this survey, with 48% allocated to in-house spend, 45% to outside counsel, and 6% to other non-law firm vendors.
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Barbados Regulatory Sandbox approves first participant

Barbados a regulatory sandbox framework in October 2018 as a joint initiative between the Central Bank of Barbados and the Barbados Financial Services Commission (the “Barbados Regulatory Sandbox”), which is designed to attend to the needs of innovators – particularly those in the FinTech space. On 5 July 2019, Bitt, a Barbadian FinTech company offering […]
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Barbados Launches Facility for Listing Digital Assets

On 1 July 2019, the Barbados Stock Exchange (“BSE”) received approval from its primary regulator the Financial Services Commission for the launch of its Special Listing Facility for Digital Assets (the “Special Listing Facility”). The Special Listing Facility operates through the BSE International Securities Market and establishes an adaptable and responsible framework for raising capital […]
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