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Steering committee formed to assess elimination of checks

A steering committee has been developed by The Central Bank of The Bahamas (CBOB) comprised of industry stakeholders to assess the range of issues involved in the elimination of checks in The Bahamas. CBOB announced in December 2021 that it was working toward the strategic elimination of checks by December 2024. “Earlier this year the Central ....

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CBOB governor: Consumer financial protection regime in the works

Central Bank Governor John Rolle said yesterday that the bank has already expended resources toward formulating a consumer financial protection regime, and acknowledged that legislation will play a role in building out that new framework. Rolle, who was addressing the media during The Central Bank of The Bahamas’ first quarter briefing, was responding to a question regarding ....

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