Implement recommendations of task force on financial sector reform.
At P1R3, "in progress.  Particular attention is being given to the offshore banking center in view of the reputational risks that could arise if this area if not adequately regulated.  A consultant's report assessing the legal and institutional framework has been completed and, following discussions with key stakeholders, specific legislative proposals will be prepared.  A revised decree law to further liberalize the capital account has been drafted and should soon be submitted to the Government for approval.