As the mechanisms through which monetary policy might influence market participants’ risktaking are complex, at least three dimensions have been attributed to the risk-taking channel. The first dimension is closely connected to the balance sheet channel which I mentioned earlier.
It will allow The Bahamas to make more necessary, qualitative process in perfecting its national AML/CFT regime. For all of the Bahamian financial sector regulators, and the rest of the financial services industry, this provides more concentrated opportunities for in country training.