Regulatory Alerts2026-07-13
Added · Updated
Bahamas Securities Commission Notice on UNSC Sanctions List Updates for ISIL and Al-Qaida
Licensees and registrants of the Securities Commission of The Bahamas must report any positive matches to the updated United Nations Security Council sanctions list for ISIL and Al-Qaida within 24 hours of this notice. Reports must be submitted to the Financial Intelligence Unit and the Office of the Attorney General, with confirmation sent to the Commission. Failure to submit required reports constitutes an offence punishable by a fine not exceeding $250,000.00, and non-compliance may result in disciplinary action including a minimum fine of $200.00 per day.
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