[xml][/xml]
The Bahamas Weekly Facebook The Bahamas Weekly Twitter
News : Bahamas Information Services Updates Last Updated: Mar 14, 2018 - 4:09:45 AM


Cabinet Office Statement on Blacklisting
Mar 13, 2018 - 6:30:06 PM

Email this article
 Mobile friendly page
Statement -Financial Services

The Cabinet Office announces that since the start of this Parliamentary Session, this Government, aware of the grave threat to the country's Financial sector, has worked assiduously to mitigate the impact of that threat. Therefore, the Government's legislative framework for compliance, improvement of the regulatory regimes and meeting international best practices has been given utmost priority.

While deeply disappointed by the OECD's decision to blacklist The Bahamas, the Government will redouble its efforts to ameliorate the present circumstances in an effort to preserve this important pillar of the Bahamian economy.

The Bahamas is an ethical jurisdiction -and the Government is committed to taking progressive steps to adjust to the requirements of operating in the constantly evolving paradigm that is the Financial Sector.

Bookmark and Share




© Copyright 2018 by thebahamasweekly.com

Top of Page

Receive our Top Stories



Preview | Powered by CommandBlast

Bahamas Information Services Updates
Latest Headlines
PM Minnis officially opens new fire station in Grand Bahama
PHA Desires to continue working closely with Health Care Unions
PMH’s Corey Newbold Ward gets renovated
Minister Dames pleased to witness opening of Albert J. Miller Complex Police and Fire Station
Grand Lucayan one step closer to full operation