Sign formal information sharing agreements with home country supervisors of subsidiaries and branches established in Cape Verde.
At P1R2, "discussions are well advanced on information-sharing agreements with home country supervisors of institutions operating in Cape Verde, although formal agreements have not yet been signed.  An AML/CFT assessment mission from the IMF is planned for the second quarter of 2007.  To safeguard Cape Verde'sgood reputation, staff reiterated the need for caution in granting offshore licenses until the regulatrory environment is consistent with international standards."  At P1R3, "in progress".