Jump to Content Jump to Main Navigation

Part VI International Monetary Law and the International Financial Architecture, XLII International Regulation of the Banking Sector

From: Principles of International Economic Law (1st Edition)

Matthias Herdegen

A newer edition of Principles of International Economic Law is available. Latest edition (2 ed.)
Next Edition: 2nd Edition Latest edition (2 ed.)

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 20 April 2024

International financial law
The banking sector has always been extensively engaged in cross-border transactions. Over the last decades, the international business of banks and their international presence through affiliates or branches in other countries have continuously increased. The difference between States in standards for licensing and supervision of banks as well as in the implementation of existing standards gives rise to strategic behaviour (regulatory arbitrage). The risks associated with certain more or less transparent products have become highly contagious, as the crisis...
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.