Authorities in Bahamas and Colombia sign supervision agreement

Bahamas central bank and Colombian regulator will share information on financial firms

Central Bank of the Bahamas
Photo: Mikael Latreille

The Central Bank of the Bahamas has signed an agreement with Colombia’s leading financial regulator to support greater information-sharing and cooperation, it announced on February 18.

The memorandum of understanding states that the central bank and the Financial Superintendence of Colombia sets up mechanisms to share information on supervised firms “and their cross-border establishments”.

The two organisations aim to develop joint supervisory methods, including the coordination of their on

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