The G-20 has called for a review of the scope of financial regulation. This call reflects concern that the coverage of … prudential regulation has been too narrow. A discussion of extending the regulatory perimeter should, therefore, weigh carefully … assumptions underlying the existing regulatory model for banks are fatally flawed, or whether better regulation and supervision of …

This paper highlights key findings of the assessment of financial sector regulation and supervision in the Cayman … development in the Cayman Islands has introduced an increasingly effective system of regulation, both formalizing earlier … practices and introducing enhanced procedures. The implementation of financial regulation and supervision complies broadly with …