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.
Third, some private-sector studies may not have taken into account the markdowns in asset valuations that occurred in the context of acquisitions of other firms. In particular, in the course of acquisitions by the 19 bank holding companies in 2008, the value of troubled loans was written down by almost $ billion.