This paper assesses the financial sector regulation and supervision in Bermuda in the context of the offshore financial center assessment program. The assessment reveals that the financial, regulatory, and supervisory framework is well developed in banking, the key areas of securities...

This paper presents an assessment of Financial Sector Supervision and Regulation for Bermuda. The Bermudian authorities have made impressive progress in developing and implementing a risk-focused approach to supervision across the range of their sectoral supervisory responsibilities. Full...

This paper presents a factual update of the Insurance Core Principles including insurance sector market and regulatory developments for Switzerland. Regulatory reforms since 2003 have updated Switzerland’s regulatory and supervisory regime for the insurance industry to bring it in line...

This Technical Assistance Report on Seychelles focuses on public investment management assessment (PIMA) and Climate PIMA. Across the PIMA, Seychelles is particularly strong in budget comprehensiveness and in ensuring the availability of funding for projects, but substantial capital budget...

This Technical Assistance report on Pakistan presents public investment management assessment (PIMA) and Climate PIMA. This report finds that while Pakistan scores slightly above average compared to the emerging market economies that have undertaken the PIMA to date there are still significant...

This diagnostic mission, financed under a SECO Transformative Statistics Agenda two-year project (FY23-25), assessed country priorities in view of Ghana's climate challenges and identified key indicators for development under the Environment and Climate Change Statistics Capacity Development...

This paper on Rwanda presents a technical assistance report on Public Investment Management Assessment (PIMA). Public investment to support economic transformation has been a high priority for the Rwandan government. The Rwandan government's objective is for Rwanda to reach middle-income status...

The Selected Issues paper focuses on climate change in Kiribati. This note summarizes the main ways in which climate change may negatively affect the economy of Kiribati. It then shows how Kiribati may cope with these negative effects by implementing adaptation projects, as well as by...

This Technical Report discusses the results of applying the climate-focused module of the Public Investment Management Assessment (PIMA) to the United Kingdom (UK) in October 2021. The UK has some of the most ambitious climate mitigation targets in the world, requiring a strong role for public...

The Philippines is highly vulnerable to risks from climate change. The Philippines is categorized as one of the world's most vulnerable countries to climate change and natural disasters, especially typhoons. Depending on where a severe typhoon hits the Philippines, it could potentially cause a...