Friday 27 April 2012

Bahamas Banking Law


Banking law in The Bahamas establishes the rules and regulations which controls the manner in which banks operating within the Bahamas jurisdiction must adhere to risk  or losing their licences.

Technology has played a very pivotal role in the enactment of our banking laws.Money Laundering and the Financing of Terrorism has caused the Bahamas as well as other countries to step up their game through the enactment of laws that would ensure that illicit banking activities would be detected or discouraged.

The Bahamas has done an excellent job in our fight against Money Laundering, Drug Transshipment and Combating The Financing of Terrorism through the enactment of relevant laws that lays down some very tight rules and regulations for the protection of our country's reputation and the safeguarding of our financial industry. Below we have linked to current Banking and Financial Regulations so that you may access them and research the areas that are of interest to you.






  • The Banks and Trust Companies Regulation Act, 2000
  • The Central Bank of The Bahamas Act, 2000
  • The Financial Intelligence Unit Act, 2000
  • The Proceeds of Crime Act, 2000
  • The Financial and Corporate Service Providers Act, 2000
  • The Financial Transactions Reporting Act, 2000
  • The International Business Companies Act, 2000
  • The Evidence (Proceedings in other Jurisdictions) Act, 2000
  • Criminal Justice (International Cooperation) Act, 2000
  • The Anti-Terrorism Act, 2004


  • As usual you may contact us at Evans & Co. if you need guidance or have your questions answered regarding this submission at info@tevanslaw.com or by phone 242-328-8510 you may also visit our website at www.tevanslae.com

    63 comments:

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      ReplyDelete
      Replies
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      ReplyDelete
    23. Hello Everybody,
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      ReplyDelete
    24. Private Lender Bentex Funding Group Ltd.
      Greetings to you by (BFGL).
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      509 Rue Jacques Coeur,75008 Paris-France
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      ReplyDelete

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      ReplyDelete
    27. Private Lender Bentex Funding Group Ltd.
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      ReplyDelete
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      ReplyDelete
    34. Do you need money urgently? Then a get short term cash loans from lenders easily and with simple procedure may be suitable for you. But if you want to take this loan from a bank then you will need to go through a long process. If you want to get the loan easily then you can use the Cashry's service to help you find a lender.

      ReplyDelete
    35. My name is Mrs.Aisha Mohamed, I am a Citizen Of Qatar.Have you been looking for a loan?Do you need an urgent personal loan or business loan?contact Dr James Eric Finance Home he help me with a loan of $42,000 some days ago after been scammed of $2,800 from a woman claiming to been a loan lender but i thank God today that i got my loan worth $42,000.Feel free to contact the company for a genuine financial service. Email:(jameseric42@aol.com) Contact Number +918929509036

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      ReplyDelete
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      ReplyDelete
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    39. Greetings to the entire public,
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      ReplyDelete
    40. a) Personal Loan, Business Expansion.
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      ReplyDelete
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      ReplyDelete
    42. Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes?.Email: grandfortunelendingcompany@gmail.com or whatsapp us on +17094000074.

      ReplyDelete
    43. Hello, We are Christian Organization formed to help people in needs of helps,such as financial help.So if you are going through financial difficulties or you are in any financial mess,and you need funds to start up your own business,or you need loan to settle your debt or pay off your bills,start a nice business, or you are finding it hard to obtain capital loan from local banks,contact us today via email at: alenxanderwalkerloanfirm@outlook.com for the bible says in "Luke 11:10 Everyone who asks receives; he who seeks finds; and to him who knocks, the door will be opened"so do not let these opportunity pass you by because Jesus is the same yesterday, today and forever more.Please these is for serious minded and God fearing People. You are advise to fill and return the details below.. Your Full Name:_________ Your Country:_________ Your State_________ Your Address:_________ Your Gender:_________ Your Maritial status_________ Your Occupation:_________ Cell phone Number:_________ Loan Amount Needed:_________ Loan Duration:_________ Monthly Income:_________ Purpose Of Loan:___________ Have you applied for a loan before:_________ Act fast and get out of financial stress, mess and hardship by contacting ALENXANDER WALKER LOAN FIRM Today via Email at: alenxanderwalkerloanfirm@outlook.com You shall be treated with the best of our resources until you get this funds transferred into your account, and your quick and fast respond determines how fast you shall be receiving your loan. Without any delay Apply for your best and easy Loan here with us. Best Regards Mr ALENXANDER WALKER LOAN FIRM AT :alenxanderwalkerloanfirm@outlook.com

      ReplyDelete
    44. LOAN TESTIMONY OF HOW I GOT LOAN FROM A LEGITIMATE MONEY LENDER

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      ReplyDelete
    45. Hello,

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      ReplyDelete
    46. How I got My Loan From A God sent And Genuine Loan Lender…

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      ReplyDelete

    47. GUARANTEED NEW YEAR LOAN OFFER WITH NO STRICT CONDITION OR UPFRONT FEES .


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      Email : mrswinonamillarayloancouncil@gmail.com
      Email : thewinonamillarayloancouncil@hotmail.com



      Greetings

      The Winona Millaray firm .

      ReplyDelete
    48. hhb
      GUARANTEED NEW YEAR LOAN OFFER WITH NO STRICT CONDITION OR UPFRONT FEES .


      We bring you greetings from the Winona Millaray loan firm.. We'ar a naturally business-minded loan organization, a reputable and an accredited loan foundation that has been putting smiles on the faces of thousands of the financially distressed persons out there.

      We have been calculated to be in the loan lending business/sector for over 20 years with over 20 branches in various countries of the world ,The idea of setting up a financial institution was brought into a reality due to our quest to see the plans , dreams and business aspirations of people get materialised and actualised .

      Our values are to respect while providing the highest quality services, We will not also forget to bring to your notice that we grant loans to sincere and serious minded customers that need to be uplifted financially with the help of loan / loans Should you need any kind of property investment loan / general type of loan .. do not hesitate to hit me on the company email address for more info on how our online loan release deals works as our online loan release terms and condition are very flexible , which means that .. it was carved out for great benefit to the entire world business active / engaged individual populace .

      What is the loan Process ?

      One can apply for a general loan any time in anticipation of a quick, hassle free and unsecured finance for any purpose.

      What is te intrest rate ?? The interest rate is 2% percent

      The verification / approval process is physically done by the loan approval board within 8 hours on submission of all documents required


      Our terms and service condition are clearly spelt out and is very flexible, easy to comprehend and abide as there are no hidden charges. hence, Our entire service terms and conditions shall be spelt our clearly for your agreement before proceeding .

      Here are a few of the options we are currently offering from this new year:

      -Medical Expense Loans

      - Start-Up Buienss Loans

      - Bad Credit Financing

      - Business Lines of Credit /Expansion Loan

      -General Type of Loan Etc .

      FEEL FREE TO CHECK ON ME ON MY PERSONAL EMAIL ADDRESS SO THAT WE CAN TALK MORE .

      Email : mrswinonamillarayloancouncil@gmail.com
      Email : thewinonamillarayloancouncil@hotmail.com



      Greetings

      The Winona Millaray firm .

      ReplyDelete
    49. We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans, Home Refinancing Loans with low interest rate of 3% per annual for individuals, companies, and corporate bodies. We have provided millions in business loans to over 10,000 business owners just like you. We use our own designated risk technology to provide you with the right business loan so you can grow your business. Our services are fast and reliable, loans are approved within 24 or 42 hours of successful application. Get the best for your family and own your dream home as well with our General Loan scheme. Interested applicants should Contact us via Email: Houstonloanfirm@yahoo.com

      ReplyDelete

    50. Thinking of modernizing your house?
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    51. $$$ GENUINE LOAN WITH 3% INTEREST RATE APPLY NOW$$$
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    52. Have you heard about programmed ATM card? I have my ATM card, already programmed BY Mr Perry Thomas. It is illegal but nice to have one, not like other scammers pretending to have the ATM card. The ATM card can be used to withdraw cash at any ATM or swipe, stores and online purchase. Get yours today by sending an email to perrythomas827@gmail.com .... THIS IS 100% REAL. I AM A BENEFICIARY OF THESE. HACKERS EMAIL: perrythomas827@gmail.com

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    57. Do you need a genuine Loan to settle your bills and startup
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    59. bullsindia187@gmail.com Mr Osman Ibrahim Whats-app 918130061433 We give out loans to serious seeking individuals. Business loans and Personal loans are also available.

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