The Bahamas has established a comprehensive regulatory framework that includes five regulators and supervisors. The Central Bank of The Bahamas and the Securities Commission of The Bahamas ensure adherence to international standards of performance, service and confidentiality through a comprehensive and progressive regulatory and supervisory framework.
The Bahamas Compliance Commission, which is an essential part of the jurisdiction’s rigorous anti-money laundering efforts, is a supervisory body for non-traditional groups of financial institutions such as lawyers, accountants and other professionals where institutions hold funds on behalf of clients.
The Registrar of Insurance Companies and the Gaming Board round out this regulatory group.
In addition The Bahamas is now a member of The Egmont Group of Financial Intelligence Units, with a fully operational Financial Intelligence Unit.