Editing Economy of the Falkland Islands (section)

== Banking ==
The Falkland Islands do not have a [[central bank]] but the [[Standard Chartered Bank]] has a single branch in Stanley that offers retail, commercial and wholesale banking facilities.<ref>{{cite web
|url = http://www.standardchartered.com/fk/en/
|title = Falkland Islands
|work = Company website
|publisher = [[Standard Chartered]]
|access-date =18 November 2010}}</ref>

The constitution requires the governor of the islands to seek the approval of a [[Secretary of State (United Kingdom)|British Secretary of State]] before assenting to any bill that affects "''the currency of the Falkland Islands or relating to the issue of banknotes''" or any bill that establishes "''any banking association or altering the constitution, rights or duties of any such association''".<ref>{{cite web
|url = http://www.falklands.gov.fk/assembly/documents/The%20Falkland%20Islands%20Constitution%20Order%202008.pdf
|title = The Falkland Islands Constitution Order 2008
|publisher = The Queen's Most Excellent Majesty in Council
|date = 5 November 2008
|access-date = 18 November 2010
|url-status = dead
|archive-url = https://web.archive.org/web/20091123063145/http://www.falklands.gov.fk/assembly/documents/The%20Falkland%20Islands%20Constitution%20Order%202008.pdf
|archive-date = 23 November 2009
}}</ref> These restrictions effectively give the British Government the ability to prevent the island's government from declaring the islands to be a tax haven or from establishing a central bank.