Anguilla-Overseas Territory of the United Kingdom : Assessment of the Supervision and Regulation of the Financial Sector—Review of Financial Sector Regulation and Supervision

Author/Editor:

International Monetary Fund

Publication Date:

November 26, 2003

Electronic Access:

Free Full Text (PDF file size is 370 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Anguilla is in the process of strengthening its legal and supervisory framework, which includes the creation of an operationally independent regulatory body, the Financial Services Commission. Priority should be given to improving the system for suspicious transaction reports, enhancing the customer due diligence requirements for introduced business, and conducting onsite 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.

Series:

Country Report No. 03/370

Subject:

English

Publication Date:

November 26, 2003

ISBN/ISSN:

9781451800586/1934-7685

Stock No:

1AIAEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

37

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