01786cas a2200241 a 4500 AALejournalIMF006962 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455213740 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Guernsey : Financial Sector Assessment Program Update-Detailed Assessment of Observance on Basel Core Principles. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (89 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 The Basel Core Principles for Effective Banking Supervision (BCP) assessment confirms the high standard of prudential regulation and supervision described in the 2003 assessment, and found that the issues identified have largely been addressed. The Guernsey Financial Services Commission (GFSC), being the integrated regulator, is responsible for the regulation and supervision of all financial institutions and services provided on the island, and as the banking supervisor, has disciplinary powers to address safety and soundness issues. The GFSC cooperates with the home supervisors of institutions active on the island. Several broad areas for further action have been identified. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/003 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/003/002.2011.issue-003-en.xml IMF e-Library