Bahamas Medical Council

79 Collins Ave , 2nd Floor
Nassau
Nassau / Paradise Island, Bahamas

Review

Central Bank of The Bahamas

Fredrick Street
Nassau
Nassau / Paradise Island, Bahamas

Review

Securities Commission Of The Bahamas

Poinciana House 2nd Floor, 31A East Bay St
Nassau
Nassau / Paradise Island, Bahamas

Review

Utilities Regulation and Competition Authority (URCA)

Frederick House, Frederick St.
Nassau
Nassau / Paradise Island, Bahamas

Review

Regulatory Institutions

Central Bank shares Consumer Affairs concerns over "discriminatory" point of sale practices

NASSAU, BAHAMAS — Central Bank Governor John Rolle yesterday underscored the regulator's alignment with the Ministry of Consumer Affairs' concerns regarding what he termed 'discriminatory' point of sale practices in exchange rates, signaling potential regulatory action. Governor Rolle, while speaking yesterday at the Global Interdependence Center Conference hosted by the Government and Publi...

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Central Bank releases digital asset regulations

NASSAU, BAHAMAS — The Central Bank has released its Digital Asset Guidelines for 2023, outlining the regulatory expectations for supervised financial institutions (SFC) regarding exposure to digital assets activities.  The guidelines also aim to identify and establish best practices for effective risk management, with the regulator assuring that there were no conflicts with the DARE [.....

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US authorities seize millions of dollars from Deltec Bank in money laundering and fraud probe

NASSAU, BAHAMAS- US authorities recently seized funds million of dollars held by Lyford-Cay based Deltec Bank as part of an investigation into international money laundering, wire fraud, and bank fraud. Deltec Bank in a statement posted to its website said that it has been "proactively cooperating with the related investigation of the US Attorney's Office [...]

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Bahamian Banks and Trust companies excel in compliance study

NASSAU, BAHAMAS-  A Central Bank commissioned anti-money laundering (AML) report has revealed that Bahamian banks and trust companies have a strong compliance culture, with only 14 percent of unsolicited approaches from dubious new clients generating a response from local firms.  The Central Bank yesterday released an AML compliance report prepared by Evaluasi, a specialist firm kno...

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Amidst Covid-19, local company launches online training in Anti-Money Laundering

Local risk and compliance company Accord Services announces the launch of AccordReady©, The Bahamas’ first digital training solution designed to help financial professionals manage the threat of financial crimes, including anti-money laundering, terrorist financing, and fraud...

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