Standards and Regulation in Solomon Islands
All the main economic activities of the Solomon Islands are subject to regulation and have a relevant organisation to oversee their activities. Examples of these organisations include the Telecommunications Commission of Solomon Islands and the Central Bank of Solomon Islands. The World Bank listed the Solomon Islands as 8 out of 24 in East Asia and the Pacific on their Doing Business Index. A high ranking on the index means the regulatory environment is more conducive to the starting and operation of a local firm.