Normal view MARC view

Banking industry in the EC's internal market

Author: Dermine, Jean INSEAD Area: FinanceIn: Sveriges Risksbank Quarterly Review, 1994 Language: EnglishDescription: p.1-26.Type of document: INSEAD ArticleNote: Please ask the Library for this articleAbstract: The EC internal banking market is operative since January 1993. Early evidence on the effects of European financial integration shows that major driving forces in industry's restructuring are competitive deregulation and taxation. Additional legislative work is needed to achieve open and stable financial markets. Home country control of international banks need to be complemented by host country control. The deposit guarantee schemes should be modified by rendering insured deposits "first order claim". A European authority is needed to ensure that banks do not exploit domestic rents to subsidize international activities. Finally, tax evasion is an issue that remains to be addressed by the EC authorities
Tags: No tags from this library for this title. Add tag(s)
Log in to add tags.
Item type Current location Call number Status Date due
INSEAD Article Doriot Library
Available

Please ask the Library for this article

The EC internal banking market is operative since January 1993. Early evidence on the effects of European financial integration shows that major driving forces in industry's restructuring are competitive deregulation and taxation. Additional legislative work is needed to achieve open and stable financial markets. Home country control of international banks need to be complemented by host country control. The deposit guarantee schemes should be modified by rendering insured deposits "first order claim". A European authority is needed to ensure that banks do not exploit domestic rents to subsidize international activities. Finally, tax evasion is an issue that remains to be addressed by the EC authorities

Digitized

There are no comments for this item.

Log in to your account to post a comment.
Koha 3.18 - INSEAD Library Catalogue
Library Home | Contact Us | What's Koha?