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Central Bank Keeping Eye On Bank Compliance

NASSAU, BAHAMAS – Governor Rolle reaffirming the Central Bank is keeping its eye on commercial banks’ tax compliance.

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NASSAU, BAHAMAS – Governor Rolle reaffirming the Central Bank is keeping its eye on commercial banks’ tax compliance.

His comments come after the Federal Court of Canada mandated the Royal Bank of Canada in The Bahamas reveal the owners of multiple offshore accounts.

This as officials in Canada are looking to ensure the clients have paid Canadian taxes.

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