The Bahamas: Financial Sector Assessment Program-Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

July 1, 2019

Summary

The Bank Supervision Department (BSD) of the Central Bank of the Bahamas (CBoB) has a generally effective supervisory program in place for the size and complexity of the Bahamian banking system. Since the prior FSAP in 2012, clear progress has been made enhancing the framework in a number of areas as well as in the execution of its supervision program. CBoB supervision continues to evolve in a number of positive directions, with most of the areas viewed by assessors as warranting enhancements included in the execution of the program.

Subject: Banking, Corporate governance, Credit risk, External audit, Financial regulation and supervision, Internal audit, Market risk, Operational risk, Public financial management (PFM)

Keywords: Caribbean, CR, credit risk, Credit risk, External audit, Global, internal audit, Internal audit, ISCR, Market risk, Operational risk, risk assessment, risk management, risk profile, senior management

Pages:
155
Volume:
2019
DOI:
https://doi.org/10.5089/9781498323284.002
Issue:
200
Series:
Country Report No. 2019/200
Stock No:
1BHSEA2019003
ISBN:
9781498323284
ISSN:
1934-7685

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