Cross-border banking : regulatory challenges

Author

Additional Author(s)

• Caprio, Gerard.
• Evanoff, Douglas Darrell
• Kaufman, George G.

Publisher

Singapore: World Scientific Publishing Co. Pte. Ltd., 2006

Language

English

ISBN

9789812773418

Series

Subject(s)

• BANKS AND BANKING, INTERNATIONAL
• BANKS AND BANKING, INTERNATIONAL-LAW AND LEGISLATION
• INTERNATIONAL BUSINESS ENTERPRISES-FINANCE

Notes

• Includes bibliographical references and index

. .

Abstract

Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. It requires cooperation by regulatory authorities across jurisdictions and a clear delineation of authority and responsibility. That delineation is typically not present and regulatory authorities often have significantly different incentives to respond when cross-border-active banks encounter difficulties. Most of these issues have only begun to be seriously evaluated.

This volume, one of the first attempts to address these issues, brings together experts and regulators from different countries. The wide range of topics discussed include: the current landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, safety net concerns, failure resolution issues, and the potential future evolution of international banking.

Physical Dimension

Number of Page(s)

1 online resource (xii, 477 p.)

Dimension

-

Other Desc.

ill.

Summary / Review / Table of Content

Preface –
Special addresses.
Cross-border banking: forces driving change and resulting regulatory challenges / Michael H. Moskow.
Cross-border banking and the challenges faced by host country authorities / Guillermo Ortiz.
Remarks on cross border banking: regulatory challenges / Eugene A. Ludwig.
Regulatory challenges: the road ahead / Nicholas Le Pan.
Comments on cross-border banking: regulatory challenges / Howard Davies –
Survey of the current landscape.
European banking integration and the Societas Europaea: from host-country to home-country control / Jean Dermine.
Risks in U.S. bank international exposures / Nicola Cetorelli and Linda S. Goldberg.
Cross-border banking in Asia: Basel II and other Prudential issues / Stefan Hohl, Patrick McGuire and Eli Remolona.
Discussion of the session "survey of the current landscape" / Philipp Hartmann –
Competitive implications.
Why is foreign bank penetration so low in developed nations? / Allen N. Berger.
Competitive implications of cross-border banking / Stijn Claessens.
Bank concentration and credit volatility / Alejandro Micco and Ugo Panizza.
Cross-border banking - regulatory challenges: comments / John H. Boyd –
Prudential regulation issues.
Home and host supervisors' relations from a host supervisor's perspective / Piotr Bednarski and Grzegorz Bielicki.
Basel II home host issues / Patricia Jackson.
Basel II and home versus host regulation / Giovanni Majnoni and Andrew Powell.
Comments on Jackson, Bielicki and Bednarski, and Majnoni and Powell / João A. C. Santos –
Market discipline issues.
Confronting divergent interests in cross-country regulatory arrangements / Edward J. Kane.
Market discipline issues and cross-border banking: a nordic perspective / Thorvald Grung Moe.
Cross-border banking, market discipline and the ability to stand alone / Juan Pablo Graf and Pascual O'Dogherty.
Market discipline issues associated with cross-border banking / Douglas D. Evanoff –
Safety net issues.
Challenges for deposit insurance and financial stability in cross-border banking environments with emphasis on the European Union / Robert A. Eisenbeis and George G. Kaufman.
The lender of last resort in the European single financial market / Garry J. Schinasi and Pedro Gustavo Teixeira.
Payment systems and the safety net: the role of central bank money and oversight / Jeff Stehm.
Designing a bank safety net: regulatory challenges for cross-border banking / Asli Demirgüc-Kunt –
Insolvency resolution issues.
Banking in a changing world: issues and questions in the resolution of cross-border banks / Michael Krimminger.
Bank insolvency procedures as foundation for market discipline / Apanard Angkinand and Clas Wihlborg –
Policy panel: where to from here? Comments on cross-border banking: regulatory challenges / Cesare Calari.
Where to from here?: comments / Christine Cumming.
Designing the home-host relationship to support in good times and bad: trans-Tasman developments / Adrian Orr.
An overview of cross-border bank policy issues / Eric Rosengren.

Exemplar(s)

#	Accession No.	Call Number	Location	Status
1.	00310/19	332.15 Cro	Online !	Available