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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Health Fears Raised Over Landfill Fire Fumes

March 19, 2016

Smoke rising from the New Providence Landfill on Tuesday last week.
�Photo: Heather Carey

AFTER the New Providence landfill was hit by two fires in a week, a local physician raised concerns about the long-term effects of its toxic fumes. The latest blaze  […] Click here to view original page – Health Fears Raised Over Landfill Fire Fumes

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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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