European Parliament Library

St. Vincent and the Grenadines :, Report on Observance of Standards and Codes — Basel Core Principles for Effective Banking Supervision—Offshore Banking

Abstract
This paper contains a summary assessment of adherence to the Basel Core Principles for Effective Banking Supervision with respect to the offshore sector of St. Vincent and the Grenadines. The St. Vincent and the Grenadines Offshore Finance Authority Act, 1996, and the International Banks Act, 1996, set out the framework for offshore bank supervision in the jurisdiction. The Offshore Finance Authority (OFA) has reportedly enjoyed substantial operational independence. However, it is recommended to enhance OFA’s role and legal independence on matters such as the power to set prudential rules administratively
Table Of Contents
""Contents""; ""I. OBSERVANCE OF STANDARDS AND CODES: BASEL CORE PRINCIPLES FOR EFFECTIVEBANKING SUPERVISION""; ""Table""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (12 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781455241873

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