An Authorised Agent is a trust company authorised by the Central Bank to deal in Bahamian and foreign securities, and to receive securities into deposit (i.e. to act as custodian) in accordance with the terms of Exchange Control Regulations Act, 1965 and Exchange Control Notices issued by the Bank. They can offer trust / fiduciary services to residents and non-residents.
As of September 30, 2007 there were fifteen Authorised Agents operating in The Bahamas, namely:
Ansbacher (Bahamas) Limited, The Bank of Nova Scotia Trust Company (Bahamas) Limited, Bank of The Bahamas Trust Limited, CIBC Trust Company Bahamas) Limited, Cititrust (Bahamas) Limited, Fidelity Merchant Bank and Trust Limited, Latin American Investment Bank Bahamas Limited, J.P. Morgan Trust Co. (Bahamas) Ltd., Pictet Overseas Trust Coporation Lmited, Royal Bank of Canada, SG Hambros Bank and Trust (Bahamas) Limited, Butterfield Bank (Bahamas) Limited, Royal Bank of Canada Trust Company (Bahamas) Limited, UBS Trustees (Bahamas) Limited and Lloyds TSB Bank (In Liquidation).