{"id":29483,"date":"2012-12-19T08:39:37","date_gmt":"2012-12-19T13:39:37","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=29483"},"modified":"2012-12-19T08:40:09","modified_gmt":"2012-12-19T13:40:09","slug":"benchmark-no-material-impact-from-liquidation","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/12\/benchmark-no-material-impact-from-liquidation","title":{"rendered":"Benchmark: No Material Impact From Client Liquidation"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1108 alignleft\" title=\"benchmark\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2010\/08\/benchmark.jpg\" alt=\"\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2010\/08\/benchmark.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2010\/08\/benchmark-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/p>\n<p>Benchmark (Bahamas) said the Supreme Court-supervised liquidation of one of its key clients would \u201cnot have a material impact\u201d on its financial position or \u201clong-term development\u201d, expressing confidence that it would achieve long-term business development goals.<\/p>\n<p>Responding to Tribune Business\u2019s article last Friday, which said questions were being raised about Benchmark (Bahamas) future viability due to the insolvency of BC Capital Group, the BISX-listed company said it had always met regulatory and disclosure requirements.<\/p>\n<p>Benchmark (Bahamas) added that it, and its wholly-owned broker\/dealer subsidiary, Alliance Investment Management, had always complied with requests for assistance from the Securities Commission of the Bahamas.<\/p>\n<p>The statement, though, did not directly address the issues raised by Tribune Business\u2019s article. Its assertion that there would be no \u2018material impact\u2019 from the BC Capital collapse also appeared to contradict a previous press release, which warned that 2013 profits would be impacted by the affair.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark (Bahamas) denied that the Supreme Court-supervised liquidation of one of its key clients would have a material impact on its financial position or long-term development.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[98],"class_list":["post-29483","post","type-post","status-publish","format-standard","hentry","category-business","tag-financial"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/29483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=29483"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/29483\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=29483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=29483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=29483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}