Authors George G. Kaufman (editor)
Douglas Darrell Evanoff (editor)
Gerard Caprio (editor)
Publication date November 15, 2006
Pages 477
Book category Adult Non-Fiction
Product Description
Cross-borderbanking, while having the potential for a more efficient financialsector, also creates potential challenges for bank supervisors andregulators. It requires cooperation by regulatory authorities acrossjurisdictions and a clear delineation of authority and responsibility.That delineation is typically not present and regulatory authoritiesoften have significantly different incentives to respond whencross-border-active banks encounter difficulties. Most of these issueshave only begun to be seriously evaluated. This volume, one of thefirst attempts to address these issues, brings together experts andregulators from different countries. The wide range of topics discussedinclude: the current landscape of cross-border bank activity, theresulting competitive implications, emerging challenges for prudentialregulation, safety net concerns, failure resolution issues, and thepotential future evolution of international banking.
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