01741cas a2200241 a 4500 AALejournalIMF003504 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809749 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cayman Islands : Assessment of the Supervision and Regulation of the Financial Sector-Volume II-Detailed Assessment of Observance of Standards and Codes. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (144 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews key findings of the detailed assessment of the Observance of Standards and Codes in the Financial Sector of the Cayman Islands. Banks in the Cayman Islands operate within a well-defined prudential regulatory framework, generally in accordance with Basel standards, that is, largely modeled after the framework currently in use in the United Kingdom. The two-tiered required minimum risk capital standards are significantly above those required by the Basel Capital Accord and are applied in practice based primarily on the perceived differences in risk related to bank ownership. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/092 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/092/002.2005.issue-092-en.xml IMF e-Library