Isle of Man : Financial Sector Assessment Program Update—Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision

1IMNEA2009001 Image
Price:  $18.00

Release Date: © September, 2009
ISBN : 978-1-45181-846-8
Stock #: 1IMNEA2009001
English
Stock Status: On back-order

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Description

This paper presents a Detailed Assessment of the Isle of Man’s (IOM) Observance of the Basel Core Principles for the Effective Banking Supervision Report. The recent global financial markets turmoil has had a significant impact on the Manx financial system. The IOM has a deposit protection scheme, which has been amended shortly after the time of the assessment. The Financial Supervision Commission has adequate powers to ensure compliance with its regulations and other orders, and it uses these powers when the occasion demands.




More publications in this series: IMF Staff Country Reports