October 16, 2021

Bahamas Insurance Chair fears regulatory ‘Overshoot’

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By NEIL HARTNELL From Tribune 242 Bahamian insurers remain concerned that proposed anti-money laundering reforms risk “overshooting and putting us at a competitive disadvantage as a jurisdiction”. Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) chairman, told Tribune Business that plans to define property and casualty (general) insurers as financial institutions under the Financial Transactions Reporting […]