The outlook for the Caribbean's financial services sector remains weak, despite some recovery in the global financial sector. Although most domestic and regional sectors have continued to perform strongly, serious problems emerged in 2009 in Trinidad and Tobago and Antigua-Barbuda. Although these were largely isolated incidents, they have weighed heavily on already shaky international confidence in the region's financial sector. There is the potential for further instability: some Trinidad and Tobago-based institutions with significant assets in the most heavily indebted Caribbean countries are likely to suffer in the current economic environment. The continuing need for OECD countries to close money-laundering and tax loopholes will place limits on growth prospects for some Caribbean financial centres.