British Virgin Islands-Overseas Territory of the United Kingdom : Assessment of the Supervision and Regulation of the Financial Sector Volume I—Review of Financial Sector Regulation and Supervision

Author/Editor:

International Monetary Fund

Publication Date:

April 5, 2004

Electronic Access:

Free Full text (PDF file size is 442 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The British Virgin Islands (BVI) has most of the essential elements for a suitable framework for financial supervision. There is a weakness with respect to onsite supervision of banking, insurance, and securities sectors; and there is currently no regular and comprehensive examination and compliance program in operation. Although the legal and supervisory frameworks are adequately structured, the implementation of the full range of supervisory measures has not yet been fully achieved. However, the government is implementing a comprehensive examination methodology and plan.

Series:

Country Report No. 04/92

Subject:

English

Publication Date:

April 5, 2004

ISBN/ISSN:

9781451840100/1934-7685

Stock No:

1VGBEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

55

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