St. Vincent and the Grenadines : Report on Observance of Standards and Codes - Basel Core Principles for Effective Banking Supervision-Offshore Banking

This paper contains a summary assessment of adherence to the Basel Core Principles for Effective Banking Supervision with respect to the offshore sector of St. Vincent and the Grenadines. The St. Vincent and the Grenadines Offshore Finance Authority Act, 1996, and the International Banks Act, 1996, set out the framework for offshore bank supervision in the jurisdiction. The Offshore Finance Authority (OFA) has reportedly enjoyed substantial operational independence. However, it is recommended to enhance OFA's role and legal independence on matters such as the power to set prudential rules administratively.
Publication date: September 2004
ISBN: 9781451839944
$15.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Banks and Banking , Money and Monetary Policy , Money and Monetary Policy , banking , offshore banks , banking supervision , offshore banking

Summary