The recently-released Annual Report of the International Narcotics Control Board (INCB) took note of the efforts of Governments in the Caribbean to work together to reduce money-laundering and tax avoidance in their financial centres. Of special note was the Board’s report that the judicial system in The Bahamas has been improved to speed up the investigation and prosecution of persons involved in money laundering. The Report commented specifically that significant resources have been invested in law enforcement in The Bahamas.

(The INCB is the independent and quasi-judicial control organ for the implementation of the United Nations drug conventions, and operates independently of Governments as well as of the United Nations)