The Bahamas Ranks High as a WellRegulated Jurisdiction

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, March 05, 2018 – Nassau – Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said that in respect to regulations and compliance, The Bahamas continues to be a very well regulated jurisdiction and continues to be highly ranked in this regard.In its efforts to keep up with international best practices, the country has signed onto the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and the Framework on Base Erosion Profit Shifting (BEPS), DPM Turnquest said at the International Business Finance Summit presented by the Bahamas Financial Services Board  and held at Baha Mar, March 1, 2018.“We have received significant positive feedback from these moves.  We look to further leveraging that and expanding our opportunities and attracting additional business to the destination.”He did note however, that The Bahamas has to do even better with the ease of doing business and it is a significant focus for the government from both a domestic and international perspective.“We are simplifying the ease of getting into business and into the jurisdiction; we are making the work permitting process easy and we are making the investment process easy.”The DPM said, “We are keying in on the ease of doing business.  We have a committee of independent private sector individuals who are tasked with identifying the bottlenecks in our system and coming up with the required administrative and legislative changes that are necessary to ensure that we are living up to our desire to be first world in terms of the services that we provide and responsive to our customers going forward.”He also told business leaders during the summit that the government is “deliberately intent” on utilising available technology to improve the services the government offers and the efficiency in which it serves its clients.“One of the things we are looking at is block chain technology and seeing how we can leverage that in the financial services industry in particular to make the whole process of on-boarding clients easy.“For instance, we are looking at the possibility of setting up a digital record block chain such that persons can do their Know Your Customers (KYC) documentation in their own countries; get it authenticated digitally and when they come to The Bahamas, it is just a matter of giving somebody a key in which they can log in and receive authenticated verification of all of the KYC and all of the due diligence requirements in seconds.  A process that can take six to eight months can be done in 15 minutes.”DPM Turnquest explained that the government has put together a task force to determine what is needed to make that idea a reality.  “We have had discussions with several providers of this kind of technology and we continue to make this a priority so we can get this kind of technology in place in the shortest period of time possible.”“The more efficient and responsive we are, the better our chances in this very competitive global world we are now faced with all of its complexities and challenges. We want to be market leaders; we do not want to be followers.”The DPM said feedback and input from financial services leaders and providers on the potential applications of the technology is necessary so that the government can make adjustments or amendments to make it easier for them to complete their transactions with clients or make their work easier in general.By: Llonella Gilbert (BIS)Photo Caption: Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest brings remarks at the International Business Finance Summit presented by the Bahamas Financial Services Board and held at Baha Mar, March 1, 2018.(BIS Photo/Patrick Hanna) Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Guardiola makes Sarri defence after heavy loss

first_imgFollowing Chelsea’s heaviest defeat in any competition since 1991, Manchester City boss Pep Guardiola has pleaded for more time for his Chelsea counterpart Maurizio SarriGuardiola’s men took the Blues to the cleaners with a 6-0 defeat at the Etihad Stadium on Sunday, Sarri’s worst league defeat as a professional manager.However, the former Barca manager sympathised with Sarri citing his own career struggles when he first joined the League and the Italian’s exploits as Napoli’s boss.When asked if he felt pity for Sarri, Guardiola told Sky: “Yes of course. I know exactly what he wants to do. I think this kind of person – it always helps to make our (Premier League) football better.“They beat us at Stamford Bridge – and against Napoli last season – they were tight games. During moments of those games, they were better than us.“People don’t understand how difficult it is. I said many times, my first year was difficult too. Some moments we played good but not consistently.“People expect ‘Okay, manager arrives, he buys players and immediately come [results]’ – it needs time. It depends on the belief from the owners, the people who are in charge; they really need to believe in that.“The main reason I decided to come to Manchester City is because my bosses, the chairman specifically, I didn’t have to convince him. He knows me.Cristiano Ronaldo, JuventusSarri: “Cristiano Ronaldo is the strongest player in the world” Andrew Smyth – September 14, 2019 Maurizio Sarri has no doubts that Cristiano Ronaldo is the main man at Juventus, and plans to the star give more freedom to exploit his talents to their fullest extent.“When it’s not going good, we try to find a solution. He doesn’t think I’m good when I win and bad when I lose. That is the reason why I am enjoying this period at this club.”Emotional Sarri headed straight down the tunnel after the 6-0 drubbing, appearing to ignore Guardiola’s outstretched handshake.“I spoke with (Chelsea assistant) Gianfranco Zola,” Guardiola added.“Maurizio Sarri didn’t see me. I have a good relationship with him so it is no problem at all.”Maurizio Sarri: I’m ‘always at risk’ of being sacked by Chelsea https://t.co/ho1MzvX9q9 #MCICHE #MCFC #CFC pic.twitter.com/8uVZeSqc5Q— Guardian sport (@guardian_sport) February 10, 2019last_img read more

CES 2019 I just bent a smartphone in half without breaking it

first_img The idea of a bending, foldable smartphone display has been something the tech industry has been chasing for years, but none of the prototypes or wild concepts created in the pursuit of the flexible phone have made it to market.  At least not until now. Shortly after Samsung showed off its latest bendable display prototype, Royole revealed the FlexPai, telling CNET in November that it wasn’t a concept. It wasn’t a prototype. It was a real phone that was already for sale in China. Now, that same device is making the rounds at CES 2019 — and while it wasn’t the first time the bendable phone has graced the pages of CNET, it was the first time our most destructive prone editor got their hands on it. So, after years of resisting the urge to snap my favorite tablet in half just to see if I could make it bend, I finally lived the dream. I folded the FlexPai in half. Quickly. Violently. It was immensely satisfying — and when I was done, the tablet was perfectly fine.019-royole-flexpai-phone-ces-2019 Sarah Tew/CNET That, it seems, is half of the phone’s selling point. Yes, the FlexPai’s foldable display allows it to transform between phone and tablet form factors, but it also means that the device is less susceptible to screen damage. The flexible, plastic screen won’t crack or shatter in the way a glass display would, to the point that Royole calls it “virtually unbreakable.” That kind of durability is certainly appealing. Unfortunately, the phone experience isn’t.The Flexpai is technically an Android 9 device, but to make Google’s OS play nice with the phone’s unique display, Royole had bake in a some heavy tweaks. The resulting experience is called “Water OS,” named for the way icons seem to flow across the screen as it’s unfolded. At least, that’s how it’s supposed to work — in practice, the phone often glitched out and changed apps as I unfolded it, the result of the screen reading my fingers on the opposite side of the fold as I bent the device. On the other hand, there’s a true delight in the FlexPai’s namesake feature. The plastic that encases the phone feels a little cheap, but the gimmick itself doesn’t. The bright AMOLED display looks stunning no matter which way you bend it. All told, the world’s first flexible phone is a very mixed experience. There’s a cathartic joy in being able to bend the device any which way, but it feels like an incomplete experience. It’s not a prototype, but it doesn’t feel like a device that’s fully ready for market, either. That’s probably why Royole is only releasing it internationally as a $1,318 developer kit — hoping to attract developers interested in what might be the future of flagship smartphones. Tags All the cool new gadgets at CES 2019 See it Share your voice Sarah Tew/CNET Every time I pick up a new smartphone, tablet or gadget, I suddenly develop a mild case of sadism. “I bet I could snap this thing in half,” I think to myself. I never do, but that overwhelming urge to bend expensive technology in on itself never goes away. At CES 2019, I finally encountered a gadget that could bend to my destructive will: The Royole FlexPai. The world’s first foldable phone. 85 Photos CES 2019: Every story so far: See all of CNET’s coverage of the year’s biggest tech show.CES 2019 schedule: It’s six days of jam-packed events. Here’s what to expect. Google Samsung CES 2019 Now playing: Watch this: $1,318 Royole FlexPai 0 CNET may get a commission from retail offers. Post a comment Mentioned Above Royole FlexPai Phones Tablets 3:00 Preview • Royole FlexPai: First foldable phone beats Samsung to the punch Royole FlexPai, the world’s first foldable phone, bends…last_img read more

Ideal platform for talented artists

first_imgFor the artists who cannot afford to exhibit their masterpiece at private art galleries, Lalit Kala Akademi is going to organise an International Kala Mela (Art Festival). Artists and groups from any part of the world can showcase their art at this unique festival from February 4 to 18, 2018 at IGNCA, New Delhi. Administrator of the Akademi, CS Krishna Setty said, “This is for the first time that the Akademi has planned a Kala Mela on such a large scale.” He says that earlier it was organized only at the national level. “It is going to prove a boon to especially those artists who cannot afford to exhibit their works of art in the art galleries’. Setty, himself, is an artist of international repute who was recently honoured by the Russian Academy of Arts with its honorary membership. He further said that the Kala Mela shall not only showcase various art forms and precious work of art by the Indian artists but also endeavour to bring the best from around the world including some of the most prominent international galleries from Europe, Asia and the United States. Also Read – Add new books to your shelf The International Kala Mela is coming at a time when there is a perceptible requirement in the art market for a wide-ranging, global platform for Indian art. Besides being one of the leading official platforms of Indian art, the Kala Mela is an attempt to be the first major event of international art in the country so far as the range and scale are concerned. The central objective of Kala Mela is to focus on the direct interaction between the artist and the connoisseur and also education and raising awareness about art, which has been the mandate of Lalit Kala Akademi. Also Read – Over 2 hours screen time daily will make your kids impulsiveThe Kala Mela shall ensure that the contemporary art scene in India, in the sub-continent and the South Asian region gains visibility. It shall also offer an insight into the richness and diversity of these markets to the visitors from across continents. It will simultaneously allow the collectors and investors from this region to access global art in their backyard.The International Kala Mela shall exhibit the most assorted range of modern and contemporary paintings, sculpture, and photography; mix media, prints, drawings and video art by celebrated and upcoming artists.last_img read more

Man arrested after woman sexually assaulted on train in Staffordshire

first_imgGet the biggest Daily stories by emailSubscribeSee our privacy noticeThank you for subscribingSee our privacy noticeCould not subscribe, try again laterInvalid EmailA 30-year-old man has been arrested after a woman was sexually assaulted on a train in Staffordshire. British Transport Police issued an appeal in March after the woman was targeted on the railway between Stafford and Nuneaton on March 1. Today (April 1), police confirmed a man from Stafford had been arrested and continued to urge anyone with information to get in touch. A British Transport Police spokeswoman said:  “Officers investigating a sexual assault on board a train between Stafford and Nuneaton have made an arrest in connection.  “The incident was reported to British Transport Police on March 1. “A 30-year-old man from Stafford has now been arrested on suspicion of sexual assault by touching. He has since been bailed pending further enquiries and police investigation.  “Officers continue to ask for witnesses to contact BTP by texting 61016 or calling 0800 40 50 40 quoting reference 547 of 01/03/19.” Read MoreTop stories on StokeonTrentLive Dad slams ‘disgusting’ hospital window Police search for missing woman Want to tell us about something going on where you live? Let us know – Tweet us   @SOTLive   or message us on   our Facebook page . And if you have pictures to share, tag us on Instagram at   StokeonTrentLive  .center_img Driver named following fatal collision Punter found hiding in bushes last_img read more