Anguilla-Overseas Territory of the United Kingdom Assessment of the Supervision and Regulation of the Financial Sector-Review of Financial Sector Regulation and Supervision. [electronic resource] :
- Washington, D.C. : International Monetary Fund, 2003.
- 1 online resource (37 p.)
- IMF Staff Country Reports, Country Report ; No. 03/370 .
- IMF Staff Country Reports, Country Report ; No. 03/370 .
Anguilla is in the process of strengthening its legal and supervisory framework, which includes the creation of an operationally independent regulatory body, the Financial Services Commission. Priority should be given to improving the system for suspicious transaction reports, enhancing the customer due diligence requirements for introduced business, and conducting onsite inspections of company and trust service providers. The aim is to issue regulatory and industry codes that broadly meet the recommended best practices as contained in the draft Offshore Group of Banking Supervisors' Statement.
1451800584 : 15.00 USD
1934-7685
10.5089/9781451800586.002 doi
Banking
Financial Sector Assessment Program
Money Laundering
Offshore Banking
Offshore Banks
Anguilla
Anguilla is in the process of strengthening its legal and supervisory framework, which includes the creation of an operationally independent regulatory body, the Financial Services Commission. Priority should be given to improving the system for suspicious transaction reports, enhancing the customer due diligence requirements for introduced business, and conducting onsite inspections of company and trust service providers. The aim is to issue regulatory and industry codes that broadly meet the recommended best practices as contained in the draft Offshore Group of Banking Supervisors' Statement.
1451800584 : 15.00 USD
1934-7685
10.5089/9781451800586.002 doi
Banking
Financial Sector Assessment Program
Money Laundering
Offshore Banking
Offshore Banks
Anguilla