New Areas for Development

• Global Asset Management
  The Government of Barbados is instituting several measures that will enable Barbados to develop into a global centre for private wealth management. Proposals have been made for the Qualifying Investor Fund, a single regulatory regime that is appropriate for family offices, private wealth managers and small groups of high net worth, self-managed investors. Plans are in place to establish the Financial Services Commission, which will regulate all non-bank financial activity; and proposals have been made to set up an International Institute of Financial Risk & Regulation, a global centre of excellence to train financial professionals in Barbados and the region.

• International Arbitration
  Barbados and the London Court of International Arbitration are pursuing an initiative to establish an LCIA Regional Arbitration Centre in Barbados.

• Headquarters and Holding Companies

• High-end Manufacturing Niches, including Pharmaceuticals

• Environmental Industries, including Renewable Energy