Bermuda : Assessment of the Supervision and Regulation of the Financial Sector-Volume I-Review of Financial Sector Regulation and Supervision.

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 regulation, an...

全面介绍

书目详细资料
企业作者: International Monetary Fund
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2005.
丛编:IMF Staff Country Reports; Country Report ; No. 2005/098
在线阅读:Full text available on IMF
实物特征
总结: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 regulation, and antimoney laundering and combating the financing of terrorism (AML/CFT). Banking supervision is largely in conformity with the Basel Core Principles. The regulation of investment intermediaries and collective investment schemes, the main activities of the Bermudian securities industry, is working effectively. However, some deficiencies were noted in the assessment of insurance.
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实物描述:1 online resource (56 pages)
格式:Mode of access: Internet
ISSN:1934-7685
访问:Electronic access restricted to authorized BRAC University faculty, staff and students