Barbados' Williams: watch conglomerates

There is further room for improvement in conglomerate supervision, said Marion Williams, the governor of the Central Bank of Barbados.

Williams said that cross-border transfer risk may arise where there were weaknesses in group-wide consolidated supervision. She said that it was important to pay heightened attention to conglomerate supervision in the banking sector and to improve the level of collaboration between regulatory agencies, both at the national and regional levels

The governor made the

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