01668cas a2200241 a 4500 AALejournalIMF006960 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455213764 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Guernsey : Financial System Stability Assessment-Update. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (48 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 Guernsey is a leading international insurance center in Europe. Its economy purely depends on the performance of the financial sector. As per the 2003 assessment under the Offshore Financial Center (OFC) program, it is found that the Guernsey Financial Services Commission (GFSC)'s powers have been strengthened in recent years and many recommendations of the 2003 Financial Sector Assessment Program (FSAP) have been implemented. The GFSC has developed a strategy for addressing banks' financial stability risks, but strong policy measures will be essential to deal with the potential vulnerabilities and challenges ahead. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/001 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/001/002.2011.issue-001-en.xml IMF e-Library