Regulatory Alerts2022-03-12
International Obligations (Economic and Ancillary Measures) (United States of America) (Unilateral Sanctions) Directions 2022
The Office of the Attorney General of The Bahamas issued these Directions to implement United States unilateral sanctions under the International Obligations (Economic and Ancillary Measures) Act. The instrument mandates compliance measures for Bahamian persons, entities, and financial institutions to align domestic operations with US sanction regimes. Effective March 12, 2022, the Directions establish enforcement mechanisms and reporting obligations to ensure consistent application of economic restrictions across Bahamian jurisdictions.
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