BahamasThe Central Bank of the Bahamas published revised Fit and Proper Guidelines that describe the criteria that are assessed when an applicant is seeking approval to perform a regulated function, including serving as a compliance officer or a money laundering reporting officer.
The Central Bank of the Bahamas announced the launch of a comprehensive information technology modernization initiative as part of its strategic plan to enhance anti-money laundering measures.
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| Technical | Effectiveness |
|---|---|
| Compliant : 16 | High : 0 |
| Largely Compliant : 24 | Substantial : 0 |
| Partially Compliant : 0 | Moderate : 5 |
| Non-Compliant : 0 | Low : 6 |
The Bahamas' technical compliance was re-rated in a Dec. 22, 2022 follow-up report.
| Rank : 91/110 |
| Score : 6.46/10 |
| Rank : 30/180 |
| Score : 63/100 |
| Rank : 22/133 |
| Score : 75/100 |