Flowers: International opinions on local gaming sector ‘ill-informed’
October 28, 2017
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.
Honouring The Best In Journalism
October 28, 2017
Bahamas Press Club president Anthony Capron at yesterday’s press conference at The Shoal restaurant to announce The Bahamas Press Club Media Awards Banquet. Photo: Shawn Hanna/Tribune Staff THE BAHAMAS Press Club will hold its annual awards banquet on Saturday, November 18, honouring the best in Bahamian journalism.