Cayman Islands takes staged approach to Basel II

Claire Jones
26 Jul 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Risk management

The Cayman Islands Monetary Authority (CIMA) has said it will introduce Basel II in stages, following an impact study conducted by financial services company PricewaterhouseCoopers.

Patrick Bodden, CIMA’s acting managing director, said: "The implementation of the framework is a vital part of the Cayman Islands’ continued commitment both to modern risk-based supervision and to meeting internationally accepted and applied supervisory standards.”

CIMA said that it would publish a summary and an implementation timetable over the coming months.

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net