Update on The Bahamas’ National Identified Risk Framework – AML/CFT

Published: Wednesday September 30th, 2020

Central Bank is pleased to provide the following document issued by the Bahamas’ National Identified Risk Framework Coordinator. The document outlines the significant measures taken by The Bahamas to address identified deficiencies in the AML/CFT regime since the publication of its 2017 Caribbean Financial Action Task Force (CFATF) Mutual Evaluation Report.   These measures include the progress made in implementing the agreed Financial Action Task Force (FATF) Action Plan.  The document also highlights The Bahamas’ readiness to participate in an onsite examination by the FATF to confirm the enhancements that have been made in the jurisdiction.