The Central Bank of the Bahamas published Governor John Rolle’s opening remarks for the 7th Annual Bahamas Research Conference on Financial Crime, framing the event as part of the jurisdiction’s broader effort to strengthen anti-financial crime effectiveness and keep regulatory and supervisory frameworks aligned with global standards. Rolle highlighted the importance of data-driven approaches, proportionate resourcing, and cross-border cooperation, and linked these priorities to the Bahamas’ need to maintain international correspondent banking confidence. The remarks underscored four focus areas for the conference: improving the effectiveness of the international fight against financial crime through data-led enquiry, tailoring cost and resourcing across jurisdictions regardless of size, strengthening access to data across regulatory and enforcement bodies, and reinforcing cross-border cooperation to improve data access. Rolle also pointed to capacity-building benefits for Bahamian public and private sector participants, and reiterated a focus on demonstrating effectiveness against Financial Action Task Force standards in the upcoming fifth round of Caribbean Financial Action Task Force mutual evaluations. The conference was scheduled to run over two days, with the next event anticipated in 2027.
Central Bank of the Bahamas 2026-01-22
Central Bank of the Bahamas opens financial crime research conference and stresses data access and effective FATF outcomes ahead of CFATF evaluations
The Central Bank of the Bahamas released Governor John Rolle's remarks at the 7th Annual Bahamas Research Conference on Financial Crime, emphasizing data-driven approaches, proportionate resourcing, and cross-border cooperation to enhance anti-financial crime efforts and maintain international banking confidence. The conference focused on improving global financial crime effectiveness, data access, and compliance with Financial Action Task Force standards.