Securities Commission Of the Bahamas – Bahamas

The Securities Commission of The Bahamas (SCB) is the regulatory body responsible for overseeing the securities industry in The Bahamas. Established in 1995, the SCB plays a critical role in the development and regulation of a competitive financial services sector, ensuring regulatory excellence and the protection of investors.

Key Functions and Responsibilities

• Regulatory Supervision: The SCB supervises and regulates investment funds, securities, financial and corporate service providers, digital assets, and registered exchanges. This includes ensuring compliance with the Securities Industry Act, 2011, the Investment Funds Act, 2019, and the Financial and Corporate Service Providers Act, 2020.
• Market Integrity: The commission aims to maintain fair, efficient, and transparent markets through effective market surveillance and enforcement of securities laws. It works to protect the integrity of the capital markets against financial crimes and market misconduct.
• Consumer Protection: Protecting investors and consumers is a core mission of the SCB. The commission ensures that investors have access to accurate and timely information and that financial services are conducted responsibly.

Strategic Initiatives

The SCB is committed to enhancing its regulatory framework to align with international best practices and to address emerging financial technologies. This includes the implementation of the Digital Assets and Registered Exchanges (DARE) Act, which regulates the issuance and trading of digital assets.