Bank Supervision

Warning Notices

These notices are issued by the Central Bank to alert the public and the financial services sector, that named individuals and/or companies, may be operating in breach of the Banks and Trust Companies Regulations Act, 2000, and/or other laws of The Bahamas.

A Guide to the Central Bank's On-site Examination Process

Published Thursday February 14th, 2008

The Central Bank's regulatory oversight process emphasizes an ongoing supervisory approach, involving both off-site surveillance and on-site examinations. The identification of excessive risk exposure and requiring implementation of actions to address and reduce those risks is a primary goal of the risk-based supervision framework employed by the Central Bank in the examination process. Risk-based examinations permit Examiner judgment in determining the scope and depth of work to be performed for each activity or function of a specific licensee. The objective of this Guide is to promote awareness and enhance the transparency of the examination process for licensees and other interested parties and should be read in conjunction with the Central Bank's soon to be published Risk-Based Supervision Framework.

Bank Supervision