Integration of the regional capital market is being enhanced through the proliferation of financial conglomerates operating throughout the CARICOM area. Some progress has been made as regards the elimination of capital controls though two countries still maintain restrictions.
There is a significant amount of informal collaboration in the area of financial sector regulation while work proceeds on the formulation of a CARICOM Financial Services Agreement. An important aspect of the intra-regional capital mobility challenge which is receiving attention is the integration of the regional stock markets.