BankPro Regulatory Compliance and Security

At BankPro, compliance is not simply a regulatory requirement — it is the foundation of our commitment to responsible banking, client protection, and operational integrity. We adhere to the highest international standards and local regulations to ensure transparency, safety, and trust.

Our Four Core Pillars

Strong Governance & Oversight

We maintain rigorous internal governance through an independent compliance function, board-level oversight, and a clear framework of accountability across all levels of the organisation.

Robust AML/CFT Controls

Our AML/CFT programme includes thorough customer due diligence, transaction monitoring, sanctions screening, and mandatory reporting — all aligned with FATF guidelines and local regulatory obligations.

Comprehensive Risk Management

BankPro proactively identifies, assesses, and mitigates financial, operational, credit, and market risks. Our conservative business model avoids lending exposure and supports liquidity and client fund safety.

Client Protection & Transparency

We are committed to protecting client interests through fair treatment, transparent fees, and robust mechanisms for complaints, suitability assessments, and data protection.

Regulatory Compliance

Regulatory Oversight

BankPro is fully authorised and regulated by the Central Bank of The Bahamas (LIC1139) and the Securities Commission of The Bahamas (SIA-F226). Our operations are conducted under strict regulatory supervision, and we uphold the highest standards of compliance and governance in all jurisdictions where we operate. View our licences

Commitment to Compliance

At BankPro, regulatory compliance is a cornerstone of our operations. Our framework is built on the principles of integrity, ethics, and robust corporate governance. The Board of Directors and executive management oversee a comprehensive system of internal controls, ensuring transparency, accountability, and strict adherence to all applicable laws and regulations.

Anti-Financial Crime Framework

BankPro has zero tolerance for financial crime. We apply a risk-based approach to managing exposure and preventing involvement in any illicit activity. This includes:

Money laundering and terrorist financing
Sanctions breaches and tax evasion
Proliferation financing
Corruption, fraud, cybercrime, and human trafficking

AML/CFT Program

BankPro’s Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) program is designed in line with both global and Bahamian regulatory standards. Key program elements include:

Governance and compliance oversight
Policies, procedures, and internal controls
Risk assessments and independent testing
Customer Due Diligence (CDD/KYC)
Transaction monitoring and suspicious activity reporting
Sanctions screening and regulatory reporting
Staff training and awareness programs

Key Compliance Documents

AML Statement

Wolfsberg AML

USA Patriot Act Certification

Applicable Standards and Regulations

FATF 40 Recommendations and CFATF standards
The Proceeds of Crime Act, 2018
The Financial Transactions Reporting Act, 2018 and supporting regulations
AML/CFT/PF Guidelines issued by the Central Bank and Securities Commission of The Bahamas

The Financial Intelligence Unit Act, 2000 (amended)

BankPro is a proud partner of The Bahamas’ FIU, supporting their mission to combat ML/TF and protect global financial integrity and security.

CRS / FATCA Compliance

BankPro complies with international tax transparency obligations under the OECD Common Reporting Standard (CRS) and the U.S. Foreign Account Tax Compliance Act (FATCA):

CRS: Compliant with Bahamas' Automatic Exchange of Financial Account Information (AEOI) legislation
FATCA: Registered Deemed-Compliant FFI (Model 1)

GIIN: 0G94EE.99999.SL.044
TIN: 109354426

Client Protection and Transparency

We prioritise fairness, transparency, and protection for our clients.

Corporate Standing and Responsibility

BankPro maintains good corporate standing with the Registrar General’s Department and holds an active Business License from the Department of Inland Revenue.

Company Number: 64987C
Business License: 10123211 Validate Licence

Alongside our corporate governance, BankPro is proud to support local communities through our Corporate Social Responsibility initiatives.

Visa Compliance

BankPro is a principal member that complies with VISA standards, including the filing of the Quarterly VISA Operating Certificate.

Safeguarding Your Finances with Prudent Practices

Financial Stability

At BankPro, we prioritise the safety of client funds through a prudent and highly liquid operating model. Our hybrid approach combines the stability of a licensed bank with the agility of a modern fintech platform.

No traditional lending – Minimising credit exposure
Highly liquid balance sheet – Ensuring funds are readily available
No proprietary trading – Focused solely on client needs

Backed by strong parental support and a conservative approach to capital management, BankPro maintains robust financial stability, giving clients confidence that their assets are always secure.

Key Financial Metrics

As of Q4 2025

Leverage Ratio: 30.5%
Capital Adequacy Ratio: 82.1%
Liquidity Ratio: 102.7%

BankPro is committed to preserving financial integrity, safeguarding client interests, and maintaining full regulatory compliance across all operations.

Best-in-Class Partners & Infrastructure

BankPro leverages leading global partners and service providers to ensure secure, efficient, and compliant operations. We collaborate with:By partnering with best-in-class providers, we deliver robust services while maintaining the highest standards of security, compliance, and operational excellence.

Sumsub – Advanced identity verification and KYC solutions

ComplyAdvantage – Real-time AML and transaction monitoring

LSEG World-Check – Global risk intelligence for enhanced due diligence

AWS (Amazon Web Services) – Reliable, scalable, and secure cloud infrastructure

Operational Soundness & External Validation

BankPro maintains the highest standards of operational integrity through regular testing, independent reviews, and third-party validation.These partnerships ensure that our operations meet international best practices and maintain full transparency for regulators and clients.

External Auditors:

Binder Dijker Otte (BDO) conducts thorough annual audits to ensure financial and operational accuracy.

External Advisors:

Ernst & Young (EY) provides ongoing guidance on regulatory, risk, and compliance matters.

Internal Auditors:

ATC Financial supports robust internal controls, anti-money laundering oversight, and continuous process improvement.