The Securities Commission of the Bahamas (SCB), formerly the Securities Board of the Bahamas,[1] is an agency responsible for regulating investment funds, securities, and capital markets in the Bahamas.[2] Among other responsibilities, it enforces the Financial and Corporate Service Providers Act, the Digital Assets and Registered Exchanges (DARE) Act, and the Carbon Credits Trading Act.[2] Its members are appointed by the Minister of Finance.[3]
SCB was established in 1995 by the Securities Board Act,[2][4] but its mandate is now provided for by the 2011 Securities Industry Act.[4] Its offices are at Poinciana House on East Bay Street, Nassau.[3]
Its executive director is Christina Rolle, who has served in this role since January 26, 2015.[2][5][6][4] She was preceded by Hillary H. Deveaux, who served as interim executive director from September 11, 2013, until 2015.[4][7]
The commission's chairs have included Timothy Donaldson[8] and Tonya Bastian Galanis.[4]
As of 2015, SCB oversaw more than 1,000 firms.[6] That year, the commission accepted a two-year position as chair of the Caribbean Group of Securities Regulators.[6]
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