Central Bank of The Bahamas
Bahamas to explore CBDC access to government securities
Governor John Rolle outlines some near-term payment system reforms
Bahamian central bank chooses start-up to spearhead CBDC project
The pilot currency is expected to be running by 2020, governor says
Bahamian financial sector shrinks by more than a third in six years
De-risking in international finance has disproportionately hit Caribbean banks, Rolle says; Bahamian banking reforms heighten concerns
Bahamas official criticises international rule-making
Although intentions are good, rules are often painful and unhelpful, Littrell says
Bahamas central bank should reduce government debt holdings – governor
Governor says capital controls could be eased but measures needed to improve confidence
Bahamas central bank draws up crypto asset regulations
Strict new guidelines will be applied to banks for customers wishing to trade and hold new instrument
Basel rules force small countries to face irrelevant risks – Bahamas governor
Stress-testing parameters irrelevant for many small jurisdictions, Rolle says
Central Bank of Bahamas lagging in independence and transparency – IDB
Independence and transparency influence the central bank’s credibility in controlling inflation, economist says
Central bank cyber security: a weak link in the financial system?
Disgruntled hackers are targeting central banks, whose cyber defences may not be up to the test
Bahamas central bank tightens money laundering controls
Central bank will hold private annual meetings with non-executive directors of financial firms
Bahamas central bank traces website breach to third party
Central bank says no personal data was taken but some administrator credentials were included in stolen data
People: BIS appoints RBA’s Lowe to succeed Dudley on financial system committee
Lowe will chair committee charged with financial stability; IMF gets new media chief; and more
Bahamas central bank chooses design for new headquarters
Central bank will bear cost of new building
Bahamas central bank upgrades IT to defend against cyber risk
Central bank updates security and threat management systems and introduces a new “bring your own device programme”
Education key to forex liberalisation success, says Bahamas governor
Private sector needs to base forex decisions on returns rather than “fear the erosion of wealth”, says Rolle
Central Bank of Bahamas to oversee establishment of credit bureau
Credit bureau in sight as Bahamas central bank gains oversight of new regulatory reporting system, which will give lenders a better model for pricing risk
Bahamian central bank proposes law change to cap government debt holdings
New legal framework for Bahamas central bank would enforce “comprehensive” limits on government debt; holdings of long-term government debt stand at 12.52%
IMF tells Bahamas central bank to reduce government bond holdings
Central bank increased holdings after Hurricane Matthew negatively impacted growth last year; levels of reserves remain stable, fund says
People: Trio of deputies appointed at Sri Lankan, Korean and Bahaman central banks
Veteran central bankers appointed at Sri Lankan and Korean institutions; Bank of Bahamas also gets new second in command
Armenia dropping high-denomination note in new hybrid series
The central bank says the note worth $200 will not be included in the new series; submissions for design proposals for the new series are now being accepted
People: Haldane keeps his MPC seat; new FSB chairs appointed
BoE’s chief economist Haldane keeps his MPC seat for another term; new FSB chairs picked as Norman Chan and European deputies step down; and more
Bahamian banknotes will feature three different substrates
The Caribbean nation is set to issue the highest denominations of its new series on a paper/polymer hybrid used by the Swiss National Bank; the new substrate offers a wider range of features
Bahamas further relaxes capital controls
Specific sectors of the economy will be able to obtain foreign exchange from banks both at home and abroad; non-resident firms to gain credit from international banks licensed in the Bahamas
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