The Bahamas : Assessment of the Supervision and Regulation of the Financial Sector—Review of Financial Sector Regulation and Supervision

Author/Editor:

International Monetary Fund

Publication Date:

October 6, 2004

Electronic Access:

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Summary:

This paper reviews Financial Sector Regulation and Supervision in The Bahamas. The assessment reveals that the overall regulatory structure in The Bahamas is complex, involves an excessive number of agencies, and places a considerable pressure on limited technical and financial resources. Although the respective agencies have worked hard to develop agreements to rationalize the processes as far as possible, there is a need to introduce some specificity into the statutory authority that authorizes the cooperation. It is important that the review of the overall regulatory structure, proposed by the government, be pursued with some urgency.

Series:

Country Report No. 04/318

Subject:

English

Publication Date:

October 6, 2004

ISBN/ISSN:

9781451804676/1934-7685

Stock No:

1BHSEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

52

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