Governing Banking’s Future: Markets vs. Regulation edited by Catherine England.

Risk-based capital standards presume a need for common capital standards across countries. The details of forging an agreement were left to the staffs of the primary bank regulators in each country, and compromises were inevitable. Although domestic constituencies' reactions to the proposals we...

Full description

Saved in:
Bibliographic Details
Corporate Author: SpringerLink (Online service)
Other Authors: England, Catherine (Editor)
Format: eBook
Language:English
Published: Dordrecht : Springer Netherlands : Imprint: Springer, 1991.
Edition:1st ed. 1991.
Series:Innovations in Financial Markets and Institutions ; 5
Springer eBook Collection.
Subjects:
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.

MARC

LEADER 00000nam a22000005i 4500
001 b3213741
003 MWH
005 20191220130617.0
007 cr nn 008mamaa
008 121227s1991 ne | s |||| 0|eng d
020 |a 9789401138680 
024 7 |a 10.1007/978-94-011-3868-0  |2 doi 
035 |a (DE-He213)978-94-011-3868-0 
050 4 |a E-Book 
072 7 |a KFF  |2 bicssc 
072 7 |a BUS027000  |2 bisacsh 
072 7 |a KFF  |2 thema 
245 1 0 |a Governing Banking’s Future: Markets vs. Regulation  |h [electronic resource] /  |c edited by Catherine England. 
250 |a 1st ed. 1991. 
264 1 |a Dordrecht :  |b Springer Netherlands :  |b Imprint: Springer,  |c 1991. 
300 |a VII, 202 p.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
490 1 |a Innovations in Financial Markets and Institutions ;  |v 5 
490 1 |a Springer eBook Collection 
505 0 |a I Overview -- 1 Introduction: The Uncertain Future of U.S. Banking -- 2 Governing Banking’s Future: A View from the Fed -- II International Coordination of Regulation -- 3 International Regulation: How Much Cooperation Is Needed? -- 4 Tension between Competition and Coordination in International Financial Regulation -- Comment on International Coordination of Regulation -- III Bank Insulation -- 5 Can Banks Be Insulated from Nonbank Affiliates? -- 6 Banks Are Not Special: The Federal Safety Net and Banking Powers -- Comment on Insulating Banks -- Comment on Bank Insulation -- IV Payment System Risk -- 7 Daylight Overdrafts: Who Really Bears the Risk? -- 8 Payment System Risk: A Private-Sector View -- 9 The Government’s Role in Payment Systems: Lessons from the Canadian Experience -- Comment on Payment System Risk -- 10 A Proposal to Rely on Market Interest Rates on Intraday Funds to Reduce. 
520 |a Risk-based capital standards presume a need for common capital standards across countries. The details of forging an agreement were left to the staffs of the primary bank regulators in each country, and compromises were inevitable. Although domestic constituencies' reactions to the proposals were invited, the arduous negotiations that led to the proposals generated intense pressure on the principals not to make changes. The European Community's approach to financial integration seems to be driven by a political desire to achieve an integrated market within Europe, despite significant institution al differences among countries. Underlying that desire is a belief that the market pressures that result from different regulatory systems operating in the same market will produce the right answer . The financial provisions of the U .S.-Canada free-trade agreement take a direction that, in my judgment, is more productive. The provisions are more limited in scope than are those of the European initiative. National treatment and national sovereignty are preserved. However, the delicate issue of national responsibility for failing institutions, and its relationship to monetary policies, is not addressed. A Better Alternative A productive basis for international regulation can be formulated around three principles: 1. free entry for foreign-owned subsidiaries chartered under the laws of the host country; 2. national treatment for those subsidiaries; and 3. national responsibility for (a) monetary policy, (b) prevention of unwarranted financial panics in domestically chartered institutions, whether foreign or domestically owned, and (c) supervision of all domestically chartered institutions, regardless of ownership. 
590 |a Loaded electronically. 
590 |a Electronic access restricted to members of the Holy Cross Community. 
650 0 |a Finance. 
650 0 |a Macroeconomics. 
650 0 |a Industrial organization. 
690 |a Electronic resources (E-books) 
700 1 |a England, Catherine.  |e editor.  |4 edt  |4 http://id.loc.gov/vocabulary/relators/edt 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
830 0 |a Innovations in Financial Markets and Institutions ;  |v 5 
830 0 |a Springer eBook Collection. 
856 4 0 |u https://holycross.idm.oclc.org/login?auth=cas&url=https://doi.org/10.1007/978-94-011-3868-0  |3 Click to view e-book  |t 0 
907 |a .b32137412  |b 04-18-22  |c 02-26-20 
998 |a he  |b 02-26-20  |c m  |d @   |e -  |f eng  |g ne   |h 0  |i 1 
912 |a ZDB-2-SBE 
912 |a ZDB-2-BAE 
950 |a Business and Economics (Springer-11643) 
902 |a springer purchased ebooks 
903 |a SEB-COLL 
945 |f  - -   |g 1  |h 0  |j  - -   |k  - -   |l he   |o -  |p $0.00  |q -  |r -  |s b   |t 38  |u 0  |v 0  |w 0  |x 0  |y .i21269063  |z 02-26-20 
999 f f |i 8fbae976-2aa0-57ca-9398-a8a260c63a34  |s 6745586c-43e9-5ce1-8ba7-e21866862400  |t 0 
952 f f |p Online  |a College of the Holy Cross  |b Main Campus  |c E-Resources  |d Online  |t 0  |e E-Book  |h Library of Congress classification  |i Elec File