Useful Documents

Below are a range of useful documents relating to the financial guidelines of The Bahamas:

• Central Bank Documents

• Minimum Standards for the Outsourcing of Material Functions
• Prevention of Money Laundering and Countering the Financing of Terrorism
• Guidelines on the Dormant Accounts Web Reporting System
• Dormant Account Guidelines
• Business Continuity Guidelines
• General Information and Application Guidelines for Private Trust Companies and Their Registered Representatives (Amended)
• Appointment of External Auditors of Licensees and the Relationship Between the Central Bank and External Auditors of Licensees
• Guidelines for Electronic Banking
• A Guide to the Central Bank's Ladder of Supervisory Intervention
• Country Risk Management Guidelines
• Guidelines for the Establishment or Acquisition of Overseas Branches, Subsidiaries and Representative Offices
• Management of Capital and the Calculation of Capital Adequacy
• Measurement, Monitoring and Control of Impaired Assets
• Management of Large Exposures Risk (April 11, 2008)
• Management of Liquidity Risk
• Minimum Standards for Character and Financial Reference Letters
• Management of Credit Risk
• Minimum Standards for Letters of Comfort
• Procedures for Voluntary Liquidations and the Subsequent Revocation of a Banking or Trust Licence
• Minimum Physical Presence Requirements
• Requirements for the Continuation of the Mangement of Branches of Foreign Banks (currently without a physical presence)
• General Guidelines for Licence Application 2009
• Corporate Governance Guidelines - Amended 4th February 2010
• Opening and Classification of Accounts
• Guidelines For Assessing The Fitness And Propriety Of Money Laundering Reporting Officers (Mlro) In The Bahamas

• Other Documents

• TIEA Q & A