{"id":26711,"date":"2012-10-09T10:01:49","date_gmt":"2012-10-09T14:01:49","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=26711"},"modified":"2012-10-09T10:01:49","modified_gmt":"2012-10-09T14:01:49","slug":"global-standard-to-strengthen-bahamas-banking","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/10\/global-standard-to-strengthen-bahamas-banking","title":{"rendered":"Global Standard To Strengthen Bahamas Banking"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-26716\" title=\"global\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/10\/global.jpg\" alt=\"\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/10\/global.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/10\/global-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/>Bank regulation in The Bahamas is expected to strengthen once the country fully implements a global standard designed for that sector.<\/p>\n<p>During a recent one-day seminar hosted by The Bahamas Institute of Financial Services, Cassandra Nottage, a bank supervision manager at the Central Bank, told Guardian Business that it began implementing the risked-based supervision framework in 2010 in an effort to comply with the Basel Core Principles.<\/p>\n<p>The seminar was designed to provide the knowledge and skills needed to understand the complex Basel III framework and its impact on the global financial system. Basel III is a international regulatory standard regarding bank capital adequacy, market liquidity risk and stress testing.<\/p>\n<p>To date, Nottage said the Central Bank is approximately two-thirds of the way through the process and is hoping to be completed by June 2013. The bank currently monitors 257 licensees including banks and trusts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank regulation in The Bahamas is expected to strengthen with the planned implementation of a global standard designed for the sector.<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[87,98],"class_list":["post-26711","post","type-post","status-publish","format-standard","hentry","category-business","tag-banking","tag-financial"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/26711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=26711"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/26711\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=26711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=26711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=26711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}