The Central Bank of The Bahamas hereby notifies its supervised financial institutions (“SFIs”) of recent amendments to the Guidance Note on the Administrative Monetary Penalties for Supervised Financial Institutions Under The Bahamas’ Anti- Money Laundering and Countering the Financing of Terrorism Regime (AML- AMP Regime), published on the 14th December, 2018.
SFIs are hereby advised that:
This Notice is accessible via the hyperlink provided, or alternatively by visiting the website www.centralbankbahamas.com and viewing the document on the main page: Latest News→ “Amendments to the AML-AMP Regime” or Bank Supervision → Regulatory Framework → Policies & Guidance Notes.
Comments or questions regarding this Notice should be directed to:
Issued: November 19, 2020