4 Welcome to the 2017 Edition5 Message from the Minister7 IPAs Play a Pivotal Role8 Understanding Double Taxation Agreements10 The Barbados/Colombia Business Nexus – Poised for Growth!11 So You Are a Director - Now What?12 More than a tax thing 14 A brief BEPS project glossary15 Finding Just the Right Person for Your Organisation16 Ship Ahoy! Barbados Shipping Companies17 50 Plus Years of International Business 17 Bringing Flexible Workspaces to Barbados18 Notice: We’re Moving!19 The Regular Barbados Company has a Lot to Offer Investors20 Charting the Course to Cuba through Barbados21 Achieving Financial, Personal and Corporate Goals in Barbados22 Nurturing an Effective Regulatory Environment for the International Insurance SectorSponsors23 Barbados Captives: Why Investors Favour this Unique Jurisdiction23 Barbados: an Obvious Choice for Legal Outsourcing 24 The Role of the Banks in Barbados’ Captive Insurance Industry25 First-Class Medical Training Facility26 Factors to Consider in Structuring Your Captive’s Investment Portfolio28 Barbados’ Captive Insurance Industry30 Challenging Times in a Low Yield Environment33 New Era of Digital Currencies34 ... and so much More36 The Impact of CRS on Barbados’ Trusts 37 Celebrating 10 years of Growth!38 The Role of Trust ProtectorBarbados International Finance & Business magazine is a publication of Invest Barbados. Invest Barbados is grateful to the international business community and the service providers for their support on the editorial committee and in contributing articles. We also thank the following sponsors: International BusinessBrookfield International Bank Inc. Chancery Chambers Delany LawDeloitte & Touche Ernst and Young First Provider KPMG PricewaterhouseCoopersRegusInternational Insurance CGE International Services Ltd.Global Re SCCMarsh Canada LimitedUSA Risk Group Wealth Management CIBC FirstCaribbean International BankCidel Bank & TrustDGM Financial GroupJ&T Bank and Trust Inc. ScotiabankContents2017 BARBADOS INTERNATIONAL FINANCE & BUSINESS 3
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