Cross-border banking : regulatory challenges / editors, Gerard Caprio, Jr., Douglas D. Evanoff, George G. Kaufman.

Format:

Book

Contributor:

Caprio, Gerard.

Evanoff, Douglas Darrell, 1951-

Kaufman, George G.

Anne and Joseph Trachtman Memorial Book Fund.

Series:

World Scientific studies in international economics 1793-3641 ; v. 1.

World Scientific studies in international economics, 1793-3641 ; v. 1

Language:

English

Subjects (All):

Banks and banking, International.

Banks and banking, International--Law and legislation.

International business enterprises--Finance.

International business enterprises.

Physical Description:

xii, 477 pages : illustrations ; 24 cm.

Place of Publication:

Singapore ; Hackensack, NJ : World Scientific, [2006]

Summary:

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. Book jacket.

Contents:

Special issues

Cross-border banking: forces driving change and resulting regulatory challenges

Cross-border banking and the challenges faced by host country authorities

Remarks on cross border banking: regulatory challenges

Regulatory challenges: the road ahead

Comments on cross-border banking: regulatory challenges

Survey of the current landscape

European banking integration and the Societas Europaea: from host-country to home-country control

Risks in U.S. Bank international exposures

Cross-border banking in Asia: Bassel II and other prudential issues

Discussion of the sessio "Surrvey of the Current Landscape"

Competitive implications

Why is foreign bank penetration so low in developed nations?

Competitive implications of cross-border banking

Bank concentration and credit volatility

Cross-border banking - regulatory challenges: comments

Prudential regulation issues

Home and host supervisors' relations from a host supervisor's perspective

Basel II home host issues

Basel II and home versus host regulation

Comments on Jackson, Bielicki and Bednarski and Majnoni and Powell

Market discipline issues

Confronting divergent interests in cross-regulatory arrangements

Market deiscipline issues and cross-border banking: a Noprdic perspective

Cross-border banking, market discipline and the ability to stand alone

Market discipline issues associated with cross-border banking

Safety net issues

Challenges for deposit insurance and financial stability in cross- border banking environments with emphasis on the Eurpean Union

The lender of last resort in the European Single Financial Market

Payment systems and the safety net: the role of central bank money and oversight

Designing a bank safety net: regulatory challenges for cross-border banking

Insolvency resolution issues

Banking in a changing world: issues and questions in the resolution of cross-border banks

Bank insolvency procedures as foundation for market discipline

Policy Panel: where to from here?

Where to from here?: comments

Designing the home-host relationship to support in good times and bad: trans-tasman developments

An overview of cross-border bank policy issues.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Anne and Joseph Trachtman Memorial Book Fund.

ISBN:

9812568298

9789812568298

OCLC:

69332315