scholarly journals British Virgin Islands -- Overseas Territory of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector Volume I--Review of Financial Sector Regulation and Supervision

2004 ◽  
Vol 04 (92) ◽  
pp. i
Author(s):  
International Monetary Fund
Author(s):  
Emmanouil Karakostas

The financial sector is a very basic pillar of the international financial system. Almost all countries of the present international economic system participate in international financial services. Today's era, due to intense globalization, constant capital movements, continuous commercial integration and the ever-increasing financial interconnection, have made financial and insurance services an essential element of the present reality. The financial sector is an industry that is very 'sensitive' to the macroeconomic and political stability of countries. This means that countries that are considered unstable cannot have a positive impact on their financial activities. One country that has a strong position in the financial sector is the United Kingdom (UK). The question that can be asked is this: what are the factors that determine the optimal functioning of financial and insurance activities. One answer could be the strong financial institutions of a country. Another answer is the corruption indicator. Or even the existence of intervention by the state apparatus in the financial functions. Of course, these factors must have tangible proof of the functioning of the economy. State intervention, for example, does not entirely mean that it is dysfunctional. This study will seek to create a framework for the analysis of financial services factors. The methodology applied is The Multiple Linear Regression - Ordinary Least Squares (OLS).


1965 ◽  
Vol 19 (4) ◽  
pp. 1070-1073

The Caribbean Council held its fifth and last meeting in Curaçao, Netherlands Antilles, from November 30 to December 4, 1964. Attending the meeting were delegates from France on behalf of French Guiana, Guadeloupe, and Martinique; the Netherlands Antilles; Surinam; the British Virgin Islands; the Commonwealth of Puerto Rico; and the United States Virgin Islands. Representatives of Antigua, Barbados, Dominica, Grenada, Montserrat, and St. Vincent, countries enjoying special observer status, attended the meeting. Also at the meeting were observers from the Netherlands, the United Kingdom, and the United States.


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