Regulatory Alerts2023-12-13
Added · Updated
Securities Commission of The Bahamas Notice on IOEAMA Haiti Sanctions
Licensees and registrants of the Securities Commission of The Bahamas must confirm compliance with section 3A of the International Obligations (Economic and Ancillary Measures) Act and related Anti-Terrorism Regulations by submitting Form 1A or 1B within 30 days of the notice and quarterly thereafter. An annual declaration certifying full compliance, signed by at least two Directors or one Director and the compliance officer, must be filed by 31 January annually. Failure to submit these required reports may result in disciplinary action, including a minimum fine of $200.00 per day per order.
Topics
Share