European banking: prudential and regulatory issues
Author: Dermine, Jean ; Baltensperger, ErnstINSEAD Area: Finance In: European banking in the 1990s - Dermine, Jean - 1993 - INSEAD Book Language: EnglishDescription: p.17-37.Type of document: INSEAD ChapterNote: Please ask us for this itemAbstract: The object of this paper is to review the proposals of the European Commission for the integration of banking markets. It is argued that the main reason for public intervention in banking is the stability of financial markets. A major conclusion is that, as long as international authorities do not delegate their powers to a supranational authority, they should keep full responsibility for domestic markets. This implies joint control of banks by the host and home country authoritiesItem type | Current location | Collection | Call number | Status | Date due | Barcode | Item holds |
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The object of this paper is to review the proposals of the European Commission for the integration of banking markets. It is argued that the main reason for public intervention in banking is the stability of financial markets. A major conclusion is that, as long as international authorities do not delegate their powers to a supranational authority, they should keep full responsibility for domestic markets. This implies joint control of banks by the host and home country authorities
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