THE BAHAMAS INSTITUTEOF FINANCIAL SERVICES

This introductory course is designed to provide participants with an in-depth knowledge of company law principles, practical guidance on company administration and maintenance, and integrative analysis on company compliance and corporate best practices for companies incorporated and operating within the Bahamas.

 

Course Objectives

 

Upon completion of the course, participants should be able to:

 

1. Obtain in-depth knowledge and understanding of the principles of company law and practice

2. Develop an awareness of the practical application of those principles for the resolution of simple and complex legal and corporate issues involving Bahamian companies and corporate vehicles.

3. Understand and apply the fundamentals of company administration, management, and maintenance.

4. Integrate practical knowledge of anti-money laundering and countering Terrorist   financing  best   practices   with  general   company   administration  and management standards and procedures

5. Discuss the developments in modern company law and practice in the Bahamas and generally.

 

COURSE SYLLABUS

 

• UNIT 1 General Company Law Principles

• UNIT 2 Types of Companies

• UNIT 3 Client Due Diligence Requirements

• UNIT 4 Company Incorporation

• UNIT 5 Corporate Record-keeping

• UNIT 6 Shares, Shareholders, Capitalization

• UNIT 7 Company Management

• UNIT 8 Managing Risks

• UNIT 9 Company Compliance

• UNIT 10 Company Liquidations

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Course Assessment
Participants in the course will be assessed by a three-hour mid-term exam, a capstone, and a three-hour final exam. The passing mark for the course is 70% cumulative. 

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