Regulatory Alerts2026-08-10
Added
Draft Investment Funds (Anti-Money Laundering, Countering Financing of Terrorism and Countering Financing of Proliferation) Rules, 2026
The Securities Commission of The Bahamas has issued draft rules establishing a standalone anti-money laundering, countering the financing of terrorism, and countering the financing of proliferation framework for regulated investment funds. The proposed rules require regulated persons to implement a risk rating framework, designate a Money Laundering Reporting Officer, and adhere to internal control, customer identity verification, and record-keeping obligations. Public consultation on these draft rules is open from Monday 10 August 2026 to Monday 31 August 2026.
Topics
Share