The Bahamas will not be considered for removal from a 12-strong blacklist of nations with weaknesses in their anti-financial crime defences until it completes its "action plan" by this September. Carl Bethel QC, the attorney general, told local news outlet Tribune Business that the Financial Action Task Force's (FATF) Friday statement acknowledged that The Bahamas had "made significant progress" in addressing the deficiencies that resulted in this nation being placed on its monitoring list in October 2018. He explained, though, that The Bahamas was still working its way through a proc...
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