EU set to add The Bahamas to list Tuesday Deputy Prime Minister and Minister of Finance Peter Turnquest said yesterday he was “disappointed” that The Bahamas is pegged to be added to the European Union blacklist of tax havens next week. Turnquest said in a statement that the move was “surprising”, as The Bahamas has […]
Tag: compliance
Island Luck continues crackdown on inter-island money transfers
Island Luck gaming company witnessed a 90 percent decline in client withdrawals and deposits since last November when the company took an aggressive approach to crack down on inter- island money transfers. The news comes from the company’s Chief Compliance Officer, Neil Major, who told Eyewitness News yesterday that the majority of the company’s 80,000 […]