Majority compliance in FATF re-rating

AG: Major step forward for financial services sector NASSAU, BAHAMAS – The Financial Action Task Force (FATF) yesterday re-evaluated The Bahamas’ compliance with its anti-money laundering and counter-terrorist financing requirements and found the country compliant with the majority of its recommendations. The re-evaluation and increased compliance ratings are expected to stave off any sanctions from […]

Bowe: Despite IMF report, Bahamas still walks a “fine line”

NASSAU, BAHAMAS – Despite a recent review by the International Monetary Fund (IMF), which commended the government for several key policy initiatives, Gowon Bowe, the Chief Financial Officer at Fidelity Bank said the country still walks a fine line towards a promising economic state. “While it was a relatively upbeat synopsis of the visit, it […]

RBDF arrest more Dominican poachers on Monday

NASSAU, BAHAMAS – Royal Bahamas Defence Force (RBDF) officers on Monday arrested another group of Dominican fishermen who were found poaching in Bahamian waters. Monday’s apprehension came on the heels of an arrest and charge that was made last week. According to reports, two small Dominican go-fast boats were apprehended around 11a.m. on Monday just […]

18 inducted into Junkanoo legends circle

NASSAU, BAHAMAS – Governor General, Dame Marguerite Pindling and Minister of Youth, Sports and Culture the Hon. Lanisha Rolle, her Ministry (MOYSC) and the National Junkanoo Committee joined with Cabinet Ministers, senior Government officials, Junkanoo stakeholders and well-wishers in welcoming 18 inductees into the National Junkanoo Legends Circle, on December 14, 2018, at Government House.  […]

Governor General hosts opposition to reception

NASSAU, BAHAMAS – Governor-General, Her Excellency Dame Marguerite Pindling hosted the Official Opposition to an Annual Christmas Luncheon at Government House on Monday.  The Governor General is pictured seated centre, with Leader of the Opposition the Hon. Philip Davis, centre left; Deputy Leader of the Opposition, Chester Cooper, centre right; and from left: Picewell Forbes, […]

Dominican poachers fined $413,000 or time in jail

NASSAU, BAHAMAS – Three days after they were apprehended by the Royal Bahamas Defence Force (RBDF), seven Dominican fishermen were charged before the courts on Friday for poaching in Bahamian waters. According to the RBDF, patrol craft P-129, coxswained by Petty Officer Edison Rolle, apprehended the seven Dominicans aboard two small go-fast type boats approximately […]

Police-involved shooting reported

NASSAU, BAHAMAS – The Royal Bahamas Police Force (RBPF) reported a police-involved shooting over the weekend. According to police reports, shortly before 9:00p.m. on Saturday,  police responded to Wulff Road near to Minnie Street, after receiving reports of a male being armed with a firearm. While engaging the suspect, he produced a black firearm and […]