This review of financial sector regulation and supervision in the Kingdom of the Netherlands—Netherlands Antilles … created by placement of the jurisdiction in the weakest category of the list of offshore financial centers, published by the … Financial Stability Forum (FSF). Bank of the Netherlands Antilles (BNA) staff is highly capable, well-trained, and dedicated …

The Kingdom of Bahrain’s Financial System Stability Assessment highlights banking supervision, insurance supervision …, securities regulation, and antimoney laundering and combating the financing of terrorism. The banking sector is well capitalized … markets to surge. Consumer lending has grown rapidly, although it slowed in 2005 following a tightening of loan to income …

Anguilla is in the process of strengthening its legal and supervisory framework, which includes the creation of an … inspections of company and trust service providers. The aim is to issue regulatory and industry codes that broadly meet the … recommended best practices as contained in the draft Offshore Group of Banking Supervisors’ Statement. …

Singapore’s financial sector, which is dominated by the banking sector, remains robust despite a series of economic …€™s vulnerability to exogenous shocks, including the outbreak of Severe Acute Respiratory Syndrome (SARS). Systemic liquidity is well …

, but further strengthening of the legal and institutional framework is needed. The Financial Services Commission has been …

This paper reviews financial sector regulation and supervision in the Cook Islands (CI). The CI has taken a number of … measures to strengthen its financial sector regulation. New legislation was passed for the regulation of banking activity, and … a Financial Supervisory Commission (FSC) was established. A suite of antimoney laundering legislation was enacted in May …

This paper presents an assessment of the supervision and regulation of Samoa’s financial sector. The size of the … offshore business remains very small compared with major offshore centers. The registration of International Business Companies … following the amendment to the Offshore Banking Act in 1998, and as a result, the number of offshore banks has been reduced …

This detailed assessment of the observance of standards and codes in the financial sector of the Kingdom of the … Netherlands—Netherlands Antilles reviews implementation of the Basel Core Principles for effective banking. Legal provisions are … in place entrusting the Bank of the Netherlands Antilles (BNA) to regulate the insurance sector and designate it as the …

This paper presents key findings of the Financial System Stability Assessment for Barbados, including Reports on the … Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation …, although the sector faces considerable challenges. Repercussions of the recent economic recession on the banking system are …