Bahamas Avoids EU Blacklist

Bahamas Avoids EU Blacklist

Despite doing little for Bahamians affected by Hurricane Irma, the Bahamas government was able to use that storm as an excuse to convince the EU into not blacklisting the island nation as a tax haven.

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Facebook Blasted for Racial Profiling

March 24, 2016

Cambodian Prime Minister Hun Sen

Facebook pretends it is simply collecting and using data “about ethnic activities and interests” but most people see it as racial profiling. […] Click here to view original page – Facebook Denies Racially Profiling Users to Target Advertisements

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Flowers: International opinions on local gaming sector ‘ill-informed’

October 28, 2017

Flowers: International opinions on local gaming sector ‘ill-informed’

CEO of FML Group of Companies Craig Flowers said comments from international institutions about The Bahamas’ gaming industry are “certainly not factual”, adding that they are “ill-informed”. A recently released International Monetary Fund (IMF) working paper that included a case study on The Bahamas stated: “Anecdotal evidence suggests that international correspondent banks are uncomfortable providing services to domestic banks that do business with either money transmission businesses (MTBs) or online gaming operators (so called web shops), which are perceived as a higher anti-money laundering/counter terror financing risk.

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