![\"aliyah-allen-bfsb\"](\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2014\/06\/aliyah-allen-bfsb1.jpg\")
The Bahamas Financial Services Board (BFSB) has announced that the proposed Bahamas Investment Condominium (ICON), the much anticipated fund structuring vehicle, will be a prominent part of the Bahamas Landfall: Brazil events which take place between August 9 and 15 in Rio de Janeiro and S\u00e3o Paulo. With over 200 persons expected across events, it will be the largest Bahamas Landfall event hosted in Brazil since BFSB first began hosting such events in 2010.<\/p>\n
BFSB\u2019s Landfall events have played a pivotal role in the headway that has been made in Brazil and in promoting The Bahamas\u2019 advantages in international financial services in other global markets that are on BFSB\u2019s radar screen.<\/p>\n
The ICON has been developed through close consultation between the private and public sector to penetrate the investment-fund driven Brazilian and Latin American markets.\u00a0 \u201cAll of Brazil\u2019s almost 13,000 funds are organized as condominiums,\u201d said Aliya Allen, BFSB\u2019s CEO and Executive Director.\u00a0 \u00a0\u201cICON is designed to be fully compliant with Brazilian laws and operate like one of that nation\u2019s products, so is thus intended to target fund-familiar investors looking to diversify away from their domestic market,\u201d she said. \u201cBahamas Landfall: Brazil is the ideal platform for us to introduce the product since we have a track record of attracting large numbers of Brazilian advisors to these events.\u201d<\/p>\n
The upcoming Bahamas Landfall: Brazil marks the fourth time BFSB has staged such an event in that country since 2010 and has attracted the support of 14 sponsors including the Bahamas Ministry of Financial Services; Ansbacher Bahamas; Delaney Partners; Deltec Bank &Trust; Equity Bank and Trust; Graham Thompson; Genesis Fund Services; Higgs & Johnson; Julius Baer; Lennox Paton; PricewaterhouseCoopers; RBC Wealth Management and The Winterbotham Trust Company Limited. Dupuch Publications is a Media Sponsor.<\/p>\n
\u201cThe level of sponsor support for our latest Landfall events speaks to the high level of interest in Brazil and what ICON represents as a unique and perfect product for growing our funds business from that market,\u201d said Ms. Allen. \u201cBFSB is very grateful to the sponsors who are supporting this latest and very important promotional event in Brazil.\u201d<\/p>\n
Each of the presentations in the two Brazilian cities will see the first hour devoted to introducing and explaining ICON to participants with the second hour focusing on the Bahamas\u2019 asset management services, investment funds and regulatory environment as well as FATCA developments.<\/p>\n
BAHAMAS FINANCIAL SERVICES BOARD<\/p>\n","protected":false},"excerpt":{"rendered":"
The Bahamas Financial Services Board (BFSB) has announced that the proposed Bahamas Investment Condominium (ICON), the much anticipated fund structuring vehicle, will be a prominent part of the Bahamas Landfall: Brazil events in Brazil August 9 and 15.<\/p>\n","protected":false},"author":17,"featured_media":68219,"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":[1311,401],"class_list":["post-75024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bahamas-financial-services-board","tag-financial-services"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/75024","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\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=75024"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/75024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media\/68219"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=75024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=75024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=75024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}