20081212-114649-Costa-Rica-to-introduce-new-limits-on-offshore-bank-operations
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    Costa Rica to introduce new limits on offshore bank operations

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    12/12/08 11:46
    Offshore banks, which do not appear to be under the regulation of Costa Rican laws, are free to set their own interest rates, making them relatively free from the clutches of the central government.

    However, a new resolution to limit the independence of this offshore banks is already underway to completion. This will will limit the operations of the offshore banks in the country.

    News: New Rules Limit Costa Rican Offshore Bank Operations | Costa Rica Travel News

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