Compliance specialist urges staff training as suspicious reports rise 50%

Suspicious transaction reports in The Bahamas rose about 50 percent, from 933 in 2024 to 1,402 in 2025, per the FIU annual report. Digital asset businesses submitted 483, up from 72, and compliance specialist Tyrone Neely urged staff training.

Why it matters:Regulated firms, particularly digital asset businesses and banks, face pressure to show employees can detect and escalate unusual activity amid heightened international scrutiny of the Bahamian anti-financial crime framework. (Neutral development)

Also reported by The Tribune