Regulatory Alerts2026-08-27
Added · Updated
Service Standards: Supervision Department
Service standards and expected response times for the Supervision Department take effect on 1 September 2026 and define a business day as Monday to Friday excluding public holidays in The Bahamas. Determination timelines range from 1-3 business days for fast track applications to 35 business days for marketplace or crowdfunding platform approvals, with standard applications set at 21 business days. Extension requests require submission no less than seven calendar days before the deadline and attract a $500 processing fee, while queries from regulated entities must be acknowledged within 2 business days and resolved within 1-15 business days.
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