Bahamas races to amend rules as it tries to avoid EU's blacklist

Pedro Gonçalves
clock • 2 min read

The Bahamas government has tabled further legal changes in Parliament in a final bid to avoid the jurisdiction being blacklisted by the European Union.  The Minnis administration said it will unveil amendments to the Commercial Entities (Substance Requirements) Act to satisfy the 28-nation bloc's demands following the prime minister's recent trip to Brussels, local news outlet Tribune reports. "The amendments follow the latest round of high-level discussions between senior government officials and the European Commission, and take into account feedback received from the commission fol...

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