And legislation will soon create the opportunity for expanded foreign ownership in the financial sector.

During the reporting period, Anguilla continued to improve its legislation and further develop its financial services.

During the period under review, the Government continued to improve the legislation regulating the financial industry.

In October 2008, the Icelandic parliament passed emergency legislation to minimise the impact of the Financial crisis.

Anguilla entered the field of financial services relatively late, the key legislation having been passed in 1994.

The legislation does not require a financial eligibility prerequisite and will be applied in a gradual manner.

In Papua New Guinea a computerized government accounting system set up at 19 provincial and 17 central government locations improved financial legislation, financial procedures and revenue management.

That workshop concluded that consumer rights had not been adequately supported by appropriate legislation and human and financial resources.

In recent times, he opposed all of President Barack Obama s major domestic legislation, including the economic stimulus package, health care reform, and financial services regulation, and has consistently supported anti abortion legislation.

Financial intelligence units in the region had increased the level of reporting suspicious activities and implementing anti money laundering legislation.

In January 1994, the Chief Minister appointed a special Financial Services Legislation Advisory Committee to recommend legislative measures necessary to enhance the attractiveness of the Territory as a financial centre.

All countries should enact and implement domestic legislation that embodies the 40 9 Recommendations of the Financial Action Task Force (FATF).

Legislation

Legislation

(a) To enhance the capacity of developing countries to mobilize all available domestic financial resources and to mobilize foreign financial resources on terms and conditions compatible with national priorities and legislation

Another recent development which the Financial Services Commission is working on is to introduce legislation to regulate and supervise money transmission services.

Prior to the adoption of these amendments, the financial legislation did not contain provisions concerning the prevention of the financing of terrorism.

National legislation had also been enacted in order to give effect to the 40 recommendations issued by the Financial Action Task Force.

Prospects for offshore financial services appeared quite good and the sector should expand gradually, unless changes in legislation had a negative impact.

An extensive list of financial, non bank financial institutions and non financial entities is covered by the legislation, which will in future also include accountants, company and trust service providers, real estate dealers and dealers in precious metals and stones.

Housing legislation

International legislation.

Domestic legislation

MERCOSUR legislation

Federal legislation

Local legislation

Federal Legislation

State Legislation

Municipal Legislation

C. Legislation

(a) Legislation

Anticipated Legislation

Environmental legislation

Legislation Secretariat

2. Legislation

Two years ago, during the debate about the Dodd Frank financial reform legislation, few people thought that global megabanks represented a pressing problem.

Enact legislation that ensures economic rights to women, including property rights, access to sustainable employment, adequate labor protection, and access to financial services.

The legislation in force had been reviewed so as to create a propitious climate for investments and attract financial resources from Western countries.

The project has created the basis for financial legislation, in service rules of public enterprises and national constitutional revisions required to bring legislation in conformity with the Convention on the Elimination of All Forms of Discrimination against Women.

In its regulatory role, the Financial Intelligence Unit maintains standing committees that ensure that the providers of financial transaction reports are consulted regarding the implementation and operation of the relevant provisions of the legislation.

Repeal of discriminatory legislation and legislation designed to circumscribe political activity

But, regardless of the eventual outcome, the case has far reaching implications for the financial reform legislation that the US Congress is now considering.

In November 2003, the Delegate to Congress, Donna Christian Christensen, introduced controversial legislation that called for the creation of a Chief Financial Officer position.

Legislation has expanded gradually, and there is no doubt that it will continue to broaden in scope to cover more offences, including financial crimes.

Despite the lack of a legal framework (legislation is currently being adopted), the WAEMU Banking Commission is taking steps to monitor all financial transactions.