SIA Bill 2011
Judgments

Our Vision

A vibrant, competitive financial services sector that has sound regulatory practices and policies that promote confidence.

Our Purpose

To contribute to the growth and development of a financial services sector that is vibrant and competitive.

The Commission's regulatory and supervisory authority is derived from legislation comprising various Acts and subsidiary legislation made thereunder consisting of Regulations, Rules and Guidelines.

Below are downloadable versions of cases the Securities Commission has been involved with.


December 14, 2016

Civil Appeal — Securities Commission — Jurisdiction- Right to Hearing — Audi Alteram Partem - whether the Securities Commission of The Bahamas can lawfully issue an order without first giving the person so ordered, an opportunity to be heard — Securities Industry Act

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June 22, 2016

Civil appeal — Certification of a point of law of genera/ public importance — Section 21 (1) of the Court of Appeal Act — Second or further appeal — Point of law alone

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May 16, 2012

IN THE MATTER of the Administration of the Securities Industries Act, Chapter 363 and the Securities Industry Regulations, 2000 and IN THE MATTER of Proceedings pursuant to section 33 of the Securities Industries Act, Chapter 363 and Part XVII of the Securities Regulations, 2000

The Executive Director of the Securities Commission of the Bahamas (Plaintiff) v.

Accuvest Funds Services Securities Limited and other (Defendants)

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April 11, 2001

IN THE MATTER of Section 26 of the Mutual Funds Act and IN THE MATTER of Section 92 of the International Business Companies Act.

Securities Commission of the Bahamas (Plaintiff) v.

Allstair-Prescott Ltd. and thirty-five (35) other defendant companies (Defendants)

PDF

July 4, 2000

IN THE MATTER of an application by Petroleum Products Limited and Fabian Investments Limited for leave to apply for Judicial Review and IN THE MATTER of certain provisions of the Securities Industry Act 1999 and IN THE MATTER of a Complaint against a decision of the Securities Commission of the Bahamas by the above-named applicant.

Securities Commission of the Bahamas (Respondent)

Ex Parte Petroleum Products Limited and Fabian Investments Limited (Applicants)

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