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20
Apr
2018
2018
Central Bank Releases Summary Results From AML/CFT Survey of the Banking and Trust Sector
The Central Bank of The Bahamas (the Central Bank) recently surveyed banks and trust companies on their risk management practices regarding anti-money laundering and countering the financing of terrorism (AML/CFT).
16
Apr
2018
2018
Guidance Notes on Managing Financial Crime Risk and Proliferation and Proliferation Financing
The Central Bank of The Bahamas, The Securities Commission of The Bahamas, The Insurance Commission of the Bahamas, and The Compliance Commission of The Bahamas (hereinafter collectively referred to as "the financial sec...
23
Feb
2018
2018
Central Bank Clarifies Customer Due Diligence Requirements
The Central Bank of The Bahamas ("the Central Bank") has released its Consultation Paper on Proposed Reforms to Customer Due Diligence Requirements for Account Opening and Provision of Financial Services in Supervised Fi...
19
Feb
2018
2018
Blockchain Technology Seminar
The Central Bank of The Bahamas is hosting selected stakeholders to a half-day seminar on Blockchain technology on Thursday March 1st 2018, at the British Colonial Hilton.
01
Feb
2018
2018
Central Bank to Host Exchange Control Relaxation Seminar
On Monday, February 5, 2018 the Central Bank of The Bahamas will host a half day seminar to provide more exposure to the public on the recent Relaxation of Exchange Control Administration.
23
Jan
2018
2018
New Relaxation of Exchange Controls
The Central Bank announces a further series of measures relaxing Exchange Control (EC) arrangements, to take effect on February 1st, 2018. These cover both current account transactions and certain capital controls on pri...
22
Dec
2017
2017
THE CENTRAL BANK CONTINUES TO ENGAGE THE GOVERNMENT AND OTHER STAKEHOLDERS ON THE GRADUAL LIBERALISATION OF CAPITAL CONTROLS
In recent months, the Central Bank has engaged both the Government and the private sector on avenues for further liberalisation of exchange controls. The Bank is currently finalising a matrix of proposals for considerati...
12
Dec
2017
2017
Bahamas: National Risk Assessment Report (Summary)
Bahamas Releases Summary Report of Money Laundering and Terrorist Financing National Risk Assessment
12
Dec
2017
2017
PRESS RELEASE: CENTRAL BANK INVITES PUBLIC COMMENTS ON MOVE TO Continuous AML/CFT Supervision
CENTRAL BANK INVITES PUBLIC COMMENTS ON MOVE TO Continuous AML/CFT Supervision
01
Dec
2017
2017
THE CENTRAL BANK CORRECTS MISINFORMATION ON ACCESS OF BAHAMIAN FIRMS TO FOREIGN CURRENCY FINANCING FOR INVESTMENTS
The Central Bank is aware, anecdotally, of concerns expressed by local businesses about access to financing in the domestic market. In this regard, the Exchange Control regime continues to be mischaracterised in various...
10
Nov
2017
2017
PUBLIC NOTICE - Counterfeit Banknotes ($100) in Circulation
The Central Bank has been made aware that an improved counterfeit version of its Series 2000 $100 Banknote is circulating and wishes to advise the public of this latest attempt.
11
Oct
2017
2017
PRESS RELEASE: Central Bank takes a Comprehensive Approach to Reducing Lending to the Government
In line with the Central Bank's role as banker to the Government, the Bank does from time to time provide the Government with financing. More recent transactions have positioned this support as bridge financing that is s...
27
Sep
2017
2017
12
Sep
2017
2017
No Change in Central Bank Lending Guidelines in the Aftermath of Hurricane Irma
The Central Bank advises that in the aftermath of Hurricane Irma no general relaxation is being made to existing guidelines on lending to the private sector.
18
Aug
2017
2017
NEW CENTRAL BANK DEPUTY GOVERNOR APPOINTED
The Central Bank wishes to announce the appointment of Mr. Derek S. Rolle as Deputy Governor, with effect from September 1, 2017.