Bermuda : Assessment of the Supervision and Regulation of the Financial Sector

Author/Editor:

International Monetary Fund

Publication Date:

October 16, 2008

Electronic Access:

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Summary:

This paper presents an assessment of Financial Sector Supervision and Regulation for Bermuda. The Bermudian authorities have made impressive progress in developing and implementing a risk-focused approach to supervision across the range of their sectoral supervisory responsibilities. Full rollout of the risk-based regulatory system to all market segments is, however, required for achievement of comprehensive oversight of the market. To support the introduction of a formal risk-based supervisory system, the banking department has been restructured.

Series:

Country Report No. 08/336

Subject:

English

Publication Date:

October 16, 2008

ISBN/ISSN:

9781451805628/1934-7685

Stock No:

1BMUEA2008002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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