Guernsey : financial sector assessment program update : detailed assessment of observance on insurance core principles /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (61 pages)
Language:English
Series:IMF country report ; no. 11/2
IMF country report ; no. 11/2.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498939
Hidden Bibliographic Details
Varying Form of Title:Guernsey, financial sector assessment program update
Other authors / contributors:International Monetary Fund. Monetary and Capital Markets Department.
ISBN:9781455228652
1455228656
Notes:Title from PDF title page (IMF Web site, viewed March 30, 2011).
"January 2011."
Summary:Guernsey's status as the largest international insurance center in Europe hinges on its progressive infrastructure and operational flexibility. Guernsey updates its regulatory regime continually and has implemented all the recommendations arising from the 2003 Offshore Financial Center (OFC) assessment. The updated regulatory framework has a high level of observance with the Insurance Core Principles (ICPs). The Guernsey Financial Services Commission (GFSC) should expand its range of enforcement powers and also implement the public disclosure standards established by the International Associat.