Barbados Conference: IFCs In a Borderless Digital Economy

The emergence of the digital economy has given rise to a number of challenges for policy makers. Existing tax systems are failing to keep pace with rapid developments in technology and business practices. There is growing concern among countries around the world about tax base erosion and profit shifting. In recognition of the importance and […]

By Emeline Taitt

July 17, 2014

borderless-digital-economyThe emergence of the digital economy has given rise to a number of challenges for policy makers. Existing tax systems are failing to keep pace with rapid developments in technology and business practices. There is growing concern among countries around the world about tax base erosion and profit shifting.

In recognition of the importance and spectrum of these issues, the Government of Barbados and its strategic partners will be presenting a one-day conference on Thursday, September 11, 2014 at the Hilton Barbados Hotel, Needhams Point, Bridgetown, Barbados. The theme is “International Financial Centres (IFCs) in a Borderless Digital Economy”.

The goal of this forum is to harness ideas on the new world economy and also to highlight the actual and potential contributions of IFCs in increasing the efficiency of global markets. It will also function as a world class marketing initiative for Barbados, showcasing the island as a transparent and compliant jurisdiction.

This conference will provide recent updates on key global issues impacting IFCs and the conducting of business internationally.Regulators, policy makers, service providers, financial advisers, tax advisers, banking professionals and lawyers as well as senior executives of multinational corporations will certainly benefit from this forum.

The Feature Address will be delivered by the Prime Minister of Barbados, the Right Honourable Freundel Stuart, Q.C., M.P. Other presenters will address topics such as “Role of Nation States in Protecting the Efficacy of IFCs”, “Solutions to Challenges to IFCs in Borderless Digital Economies”, “Safeguarding IFCs from Non-Resident Global Giants”, “Modernizing Global Standards While Protecting the Integrity of IFCs”. The programme includes a distinguished roster of international speakers including Mr. Michael Horgan, Former Deputy Minister of Finance, Canada; Professor Walid Hejazi, Rotman School of Management, University of Toronto; Mr. Andrew Sellgren, Partner in McKinsey and Company, USA; Mr. Albert Essien, Group Chief Executive Officer of Ecobank Transnational Incorporated, Togo; and Professor Avinash Persaud, Emeritus Professor, Gresham College, UK.

The conference registration fee is US$325/BDS$650 per participant for early bird registrations and US$375/BDS$750 for persons who register and pay after August 29, 2014. To view a copy of the conference programme and to register click here. All payments must be made to Invest Barbados by way of credit card, cheque or bank draft in advance of the conference.

We invite you to be a part of this event and encourage you to register as soon as possible. You may also send your registration and/or queries to us at ifcsconference@investbarbados.org or contact Ms. Lanette Lucas at telephone 246-626-2018.

Conference Agenda »

Emeline Taitt

Chief Executive Officer, Invest Barbados