Download As PDF The Basle Capital Accord of 1988 established capital adequacy standards for international banks. As the Accord notes, its first objective was to improve the safety and soundness of banks. Its second objective was to control the competitive advantages...
Download As PDF There are three key policy objectives of host countries which affect their supervision of foreign banks: (1) maintaining safety and soundness, (2) avoiding systemic risk, and (3) protecting depositors. I will examine how each of these policies applies...
Download As PDF The 1980s have been turbulent times for banking in many developing countries. Many countries have had to deal with troubled banks, banks with negative capital and a significant percentage of nonperforming assets. At the same time, there has been...
Download As PDF The Uruguay Round of trade negotiations within the General Agreement on Tariffs and Trade that has been under way since 1986 includes discussions on liberalization of trade in services in addition to trade in goods. The inclusion of services for the...
Download As PDF Michael Blair’s excellent paper raises three important questions about the EEC’s Proposed Second Banking Directive: (1) will it work; (2) how will it affect Canadian, Japanese and U.S. banks; and (3) how will liberalization in the provision...
