Bahamas central bank tightens money laundering controls
Central bank will hold private annual meetings with non-executive directors of financial firms
The Central Bank of Bahamas has announced new measures aimed at tightening its anti-money laundering regime.
The bank will meet the non-executive directors of the largest Bahamian-owned financial firms in annual sessions closed to the public and media.
In a statement published on July 24, the central bank said it would collect firms’ board agendas and meeting minutes. Charles Littrell, the central bank’s inspector of banks and trust companies, also said it would seek “corporate governance
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