This follows the FATF conducting an on-site visit to the country at the end of last month.
“The FATF congratulated The Bahamas for the ‘significant progress’ it has made in improving its AML/CFT/CFP regime,” the OAG statement noted.
It also quoted the FATF as stating: “The Bahamas has strengthened the effectiveness of its AML/CFT system and addressed related technical deficiencies to meet the commitments in its action plan and remedy the strategic deficiencies identified by the FATF in October 2018.
Hong Kong poised to require two-week quarantine for flight crew
Hong Kong is set to require flight crew entering the Asian financial hub for more than two hours to quarantine in a hotel for two weeks.
