On the commercial and, particularly, the cross-border side, the standard of AML/CFT risk management in these operations in Nassau or Freeport would be the same as in Toronto or Winnipeg. Bahamian-owned banks are less engaged in commercial banking, but have about 30% of the deposits placed by individuals.
The link between banks and governments, which is what prompted the sovereign debt crisis, is now monitored very closely. The euro has not really fallen despite the fall in the key interest rates. Is this a concern for you? We have noticed that following the new measures, a persistent rising trend has been halted.