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.

Guidelines for Licensees on the Prevention of Money Laundering, Countering the Financing of Terrorism and Proliferation Financing

Published Friday May 1st, 2009

The Central Bank of The Bahamas has today released revised Guidelines on the Prevention of Money Laundering & Countering the Financing of Terrorism (the AML/CFT Guidelines). The revised AML/CFT Guidelines take effect immediately and outline the Bank’s mandatory minimum customer due diligence requirements for all banks, trust companies, co-operative credit unions, non-bank money transmission businesses and payment service providers (collectively referred to as Supervised Financial Institutions (SFIs)).

Bank Supervision