Abstract
Banks operating across the boundaries of developed countries are important both to the stability of national financial systems and to the global financial system. While there have been substantial efforts at international coordination, the prudential supervision and crisis resolution systems for these banks are based on national systems. The global financial crisis that started in 2007 highlighted weaknesses in the systems for crisis resolution. Accordingly, greater emphasis is being placed on prudential supervision at both the national and international levels.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: The Evidence and Impact of Financial Globalization
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
