SCB Bahamas

The Securities Commission of The Bahamas (“the Commission”), established in 1995, is committed to the growth and development of a vibrant, competitive financial services sector renowned for regulatory excellence. The Commission is responsible for regulating and overseeing investment funds, securities and the capital markets in The Bahamas.

SCB Bahamas

Pursuant to the Securities Industry Act, 2011, s. 13, for the purpose of the discharge of its functions, the Commission has power, subject to the Act, to:

  • monitor the solvency of regulated persons and take measures to protect the interests of clients and otherswhere the solvency of any such person is in doubt,
  • regulate issuers offering their securities to the public, including public issuers and investment funds,
  • adopt measures to supervise and minimise any conflict of interests that may arise in the case of market participants,
  • regulate take-over bids,
  • take enforcement action against any person for failing to comply with securities laws,
  • recommend regulations to the Minister and formulate rules
  • publish notices, guidelines, bulletins, and policies describing the views of the Commission regarding the interpretation, application, or enforcement of securities laws,
  • make any order which the Commission may make under securities laws; and.
  • do all things, and take all actions, which may be necessary or expedient or are incidental to the discharge of any function or power given to the Commission.

One of the international forex brokers that has a license from the SCB Bahamas is IC Markets ( IC Markets Ltd ), IC Markets Ltd, registered in The Bahamas with registration number 76823 C, is regulated by the Securities Commission of The Bahamas with License No. SIA-F214.