Regulatory Compliance

Commitment to Compliance

CaribEscout Ltd. is committed to operating in full compliance with all applicable laws, regulations, and professional standards across the Caribbean region and internationally. We maintain the highest standards of integrity, transparency, and professional conduct in all our operations.

Real Estate Licensing and Registration

Primary Operating License

CaribEscout Ltd. is a licensed real estate brokerage company incorporated in the Commonwealth of The Bahamas.

• Company Registration: [License Number]
• Real Estate License: [RE License Number]
• Issuing Authority: Bahamas Real Estate Association (BREA)
• License Status: Active and in good standing
• Renewal Date: [Date]

Regional Compliance

We maintain compliance with real estate regulations across Caribbean jurisdictions where we operate:

Data Protection and Privacy Compliance

International Standards

We comply with major international data protection regulations:

• GDPR (EU): General Data Protection Regulation compliance for EU residents
• CCPA (California): California Consumer Privacy Act compliance
• PIPEDA (Canada): Personal Information Protection and Electronic Documents Act
• Caribbean Data Protection Laws: Local privacy regulations across Caribbean jurisdictions

Data Protection Measures

• Regular privacy impact assessments
• Data minimization practices
• Secure data transfer protocols
• Right to be forgotten implementation
• Consent management systems
• Data breach notification procedures

Anti-Money Laundering (AML) Compliance

AML Framework

As a real estate platform facilitating high-value transactions, we maintain robust anti-money laundering controls in accordance with Caribbean and international AML standards.

Key AML Measures

• Customer Due Diligence (CDD): Identity verification for all users
• Enhanced Due Diligence (EDD): Additional checks for high-risk transactions
• Transaction Monitoring: Automated systems to detect suspicious activities
• Reporting: Suspicious Activity Reports (SARs) filed as required
• Training: Regular AML training for all staff members
• Record Keeping: Comprehensive transaction and customer records

Regulatory Oversight

• Bahamas Financial Intelligence Unit (FIU)
• Caribbean Financial Action Task Force (CFATF)
• Financial Action Task Force (FATF) guidelines

Fair Housing and Equal Opportunity

Non-Discrimination Policy

CaribEscout is committed to fair housing practices and equal opportunity in all real estate transactions. We do not discriminate based on:

• Race, color, or national origin
• Religion or creed
• Sex or gender identity
• Sexual orientation
• Age
• Marital or family status
• Disability or medical condition
• Source of income

Compliance Measures

• Fair housing training for all staff and partners
• Regular audits of listing practices
• Complaint investigation procedures
• Accessibility accommodations
• Equal marketing and advertising practices

Professional Standards and Ethics

Code of Ethics

Our operations are guided by professional real estate codes of ethics, including:

• Caribbean Association of Real Estate Professionals (CAREP) Code
• International Real Estate Federation (FIABCI) Standards
• National Association of Realtors (NAR) Code of Ethics

Professional Conduct Standards

• Fiduciary duty to clients
• Honest and transparent communication
• Confidentiality of client information
• Competence and continuing education
• Avoidance of conflicts of interest
• Professional courtesy and cooperation

Technology and Security Compliance

Cybersecurity Standards

• ISO 27001: Information security management systems
• SOC 2 Type II: Security, availability, and confidentiality controls
• PCI DSS: Payment card industry data security standards
• NIST Framework: Cybersecurity best practices

Technical Safeguards

• End-to-end encryption for sensitive data
• Multi-factor authentication requirements
• Regular security audits and penetration testing
• Incident response and recovery procedures
• Secure software development practices

Financial Compliance

Financial Regulations

We comply with financial regulations governing real estate transactions:

• Securities and Exchange Commission (SEC) regulations where applicable
• Caribbean securities regulations for investment properties
• Foreign exchange control compliance
• Tax reporting requirements across jurisdictions

Trust Account Management

• Segregated client trust accounts
• Regular reconciliation and auditing
• Compliance with trust account regulations
• Bonding and insurance requirements

Compliance Monitoring and Reporting

Internal Compliance Program

• Compliance Officer: Dedicated compliance management
• Regular Audits: Internal and external compliance audits
• Policy Updates: Regular review and update of compliance policies
• Training Programs: Ongoing compliance training for all staff
• Documentation: Comprehensive compliance records and reporting

External Oversight

• Regular regulatory examinations
• Third-party compliance assessments
• Professional association reviews
• Independent audit requirements

Reporting Violations

Whistleblower Protection

We maintain a confidential reporting system for compliance violations and provide protection for individuals who report violations in good faith.

How to Report

• Compliance Hotline: +1 (800) 555-COMPLY
• Email: compliance@caribescout.com
• Anonymous Online Form: Available on our website
• Mail: Compliance Officer, CaribEscout Ltd., P.O. Box 123, Nassau, Bahamas

Contact Information

Compliance Department

Legal Department

Disclaimer

This compliance statement is provided for informational purposes and reflects our current compliance framework. Regulatory requirements may change, and we continuously update our compliance practices to meet evolving standards. For the most current compliance information or specific regulatory questions, please contact our Compliance Department.