Sur les transferts interbancaires par teletransmission aux Etats Unis. Pour une reglementation des nouveaux moyens de paiement par teletransmission (1985)

1995 | Hal Scott

Download As PDF Résumé Alors qu’elle constitue le plus important moyen de règlement interbancaire aux Etats-Unis, la télétransmission des ordres de virement ne fait l’objet d’aucune réglementation juridique appropriée dans ce pays. En effet, les...

The Reinvented Community Reinvestment Act (1995)

1995 | Hal Scott

Download As PDF The Community Reinvestment Act (CRA), enacted in 1977 during the Carter Administration, requires federal banking agencies to encourage banks and thrifts (banks, for short) to meet the credit needs of their local communities (including low and moderate...

The Competitive Implications of the Basle Capital Accord (1995)

1995 | Hal Scott

Download As PDF This paper deals with the impact of the Basle Accord on competition between U.S. and foreign banks, with an emphasis on competition between United States and Japanese banks’. By way of introduction, let me briefly describe the 1988 Accord, which...

In Search of a Level Playing Field: The Implementation of the Basle Capital Accord in Japan and the United States (1994)

1994 | Hal Scott

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...

Supervision of International Banking Post-BCCI (1992)

1992 | Hal Scott

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...

State of Banking Regulation in Developing Countries (1992)

1992 | Hal Scott

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...