Bahamas Makes Significant Strides In Fight Against Financial Crime: Update On The Bahamas’ National Identified Risk Framework
BRIEFING DOCUMENT PREPARED BY: BAHAMAS NATIONAL IDENTIFIED RISK FRAMEWORK COORDINATOR SEPTEMBER 24th, 2020 Executive Summary INTRODUCTION There have been tremendous efforts made to address all concerns of the CFATF and the FATF Regarding The Bahamas’ Anti Money laundering, counter financing of terrorism and counter proliferation (AML/CFT/CFP) framework – legislative, regulatory and enforcement landscapes have been thoroughly reviewed and strengthened. The Bahamas is committed to ensuring that it maintains a high level of readiness in addressing regulatory and best practice challenges in the AML/CFT/CFP space on an ongoing basis. DOWNLOAD BRIEFING (PDF)