The Bahamas is “definitely” out of the money hiding business, Governor of the Central Bank of The Bahamas (CBOB) John Rolle said yesterday, adding, though, that this country still has to continually prove itself to international financial watchdogs in order to maintain a favorable reputation as an international financial center.

Rolle, who was speaking during CBOB’s 6th Annual Information Security Awareness Week conference, said many other international financial centers cannot make the claim that they are no longer the tax havens of old, which are rapidly being dismantled by bodies like the European Union (EU) and the Organization for Economic Cooperation and Development (OECD).

Rolle warned: “The world’s dirty money managers should be on notice that they should take their business elsewhere.”

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