Bank Supervision

Policies & Guidance Notes

Pursuant to The Banks and Trust Companies Regulation Act, 2000, and the Central Bank of The Bahamas Act, 2000, the Central Bank is responsible for the licensing, regulation and supervision of banks and trust companies operating in and from within The Bahamas. As such, all licensees are expected to adhere to the Central Bank's licensing and prudential requirements and ongoing supervisory programmes, including periodic onsite inspections, and required regulatory reporting.

From time to time, the Central Bank will issue policies to provide further clarity and guidance to licensees with regards to industry best practices. For your convenience, these policies are listed below in reverse chronological order.

Guidance Note on Section (7) of the BTCRA (Prohibited Words)

Published Friday April 27th, 2007

The purpose of this guidance note is to outline the Central Bank's policy on the granting of specific consents for the use of prohibited words by any company, other than a licensee of the Bank

Bank Supervision