International Concerns in Banking Supervision

The global advancement of financial agencies has bring about existence of multinational finance institutions, raising the question about the sort of regulation and guidance for them. Such cross-border arrangements of economic activities may have some, although nearly apparent, implications on the domestic framework of regulation through more than a few channels. For example, tiny countries dominated by the international banks may unwind supervisory activity and so "import regulation" from secure economies. (Goodhart 2001)

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