Offshore Financial Centers (OFCs):
IMF Staff Assessments

Offshore Financial Centers (OFCs):
Note for the IMF Executive Board
June 29, 2001

Offshore Financial Centers:
The Role of the IMF
June 23, 2000

See Also:
Offshore Banking and Financial Centers





Offshore Financial Center Program
A Progress Report

Prepared by the Monetary and Exchange Affairs and Statistics Departments

March 14, 2003

Use the free Adobe Acrobat Reader to view the full text (PDF 295KB).

Contents

Executive Summary
  1. Introduction

  2. The Assessments

  3. Results of the Assessments
    1. Banking Supervision
    2. Anti-Money Laundering and Combating the Financing of Terrorism
    3. Other Sectors

  4. Technical Assistance and Possible Next Steps

  5. The Statistical Component of the Work Program

Text Tables
1. Status of Offshore Financial Center Assessments
2. Status of FSAPS in Countries with International Financial Centers
3. Frequency of Overall Compliance with the Basel Core Principles
4. Profile of Overall Compliance with Basel Core Principles
5. Basel Core Principles for Effective Banking Supervision: Areas of Weakness in International and Offshore Financial Centers
6. Profile of Overall Compliance with the IAIS Core Principles
7. IAIS Core Principles for Insurance Supervision: Areas of Weakness in International and Offshore Financial Centers
8. Profile of Overall Implementation of the IOSCO Principles
9. IOSCO Principles: Areas of Weakness in International and Offshore Financial Centers
10. Participation in International Statistical Collections of Economies with International Financial Center
11. The International Financial Services Sector of SEIFiCs
12. CPIS and BIS Data for the International Financial Sectors of SEIFiCs

Appendix
Financial Structure of Assessed Jurisdictions