Deputy Prime Minister and Minister of Finance, the Hon. K. Peter
Turnquest said small islands like The Bahamas have to grapple with the
imposition of external standards set by the world’s large countries when
it comes to the financial sector.

“This sometimes happens
without due regard for national sovereignty or the spirit of
international cooperation that should exist. This is a challenge we must
acknowledge and address,� DPM Turnquest said at the two-day AML/CFT
Anti-Money Laundering: Countering the Financing of Terrorism 2018 Risk
Management Conference at Baha Mar, September 17, 2018…
Source: https://www.thebahamasweekly.com