Keeping Pace
The Bahamas will stay at the forefront of the increasingly competitive global environment for the conduct of international financial services by keeping pace with evolving trends for appropriate transparency and co-operation with onshore centres. This is consistent with the historic views and legislative actions of The Bahamas with respect to criminal activities and counter money laundering, and its determination to be recognised for its professionalism and attraction of blue chip business.
The Bahamas now has one of the most well regulated financial systems in the modern world, capable of successfully meeting international standards for supervision and oversight. This is expected of a first class financial services sector. Indeed, The Bahamas should now be able to accede with considerable ease into WTO and the FTAA processes, and by so doing take its rightful seat on the globalisation train to improved living standards, expanded trade opportunities and sustainable
