The Central Bank of the Bahamas reported that the Bahamas Financial Stability Council advanced efforts to broaden domestic financial stability surveillance, focusing on financial links between the gaming and banking sectors and on sectorwide cyber preparedness. Building on earlier work to close data gaps and assess climate risks, the council is strengthening data collection on gaming sector flows and considering closer regulatory cooperation between the central bank and the Gaming Board for The Bahamas. The council agreed to develop preparedness plans for cyber risks, including threats amplified by artificial intelligence, in collaboration where necessary with the national Computer Incident Response Team. The work will focus on streamlining incident reporting and management and harmonizing regulatory guidance. Its review of the 2025 Financial Stability Report found that commercial banks remained resilient, the securities industry posed no material domestic stability risk and key insurance ratios exceeded international standards, while geopolitical tensions and global oil prices remained potential external threats. The council will next meet in December 2026.
2026-09-17Central Bank of the Bahamas
Central Bank of the Bahamas advances analysis of gaming links to banks and cyber preparedness plans
The Central Bank of the Bahamas reported progress on financial stability analysis of links between gaming flows and banks. The Financial Stability Council also agreed to develop sectorwide cyber preparedness plans focused on incident reporting, management and harmonized regulatory guidance. Its 2025 assessment found resilience across banks, securities and insurance, while identifying geopolitical tensions and oil prices as external risks.