Macroprudential Regulation: Potential Implications for Rules for Cross-Border Banking

Andrew Cornford ()
Additional contact information
Andrew Cornford: Observatoire de la Finance, Rue de I'athénée 24, 1206, Genéva, Switzerland

Journal of International Commerce, Economics and Policy (JICEP), 2015, vol. 06, issue 01, 1-17

Abstract: In the post-crisis agenda of reform of financial regulation, macroprudential policy has been assigned a central role. Some of the measures of this agenda involve restrictions on cross-border financial flows and discriminatory restrictions targeting particular financial institutions and activities. Others target corporate form and the relations between the constituent parts of banking groups. Many of the measures implemented or proposed as part of the reform agenda may be inconsistent with the World Trade Organization (WTO) General Agreement on Trade in Services (GATS) and with other bilateral and regional agreements on trade and investment in banking services. As a result both sets of rules may eventually require revision.

Keywords: Banking crises; financial reforms; GATS; IMF; macroprudential policy; WTO; G210; G280; F420; F530 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1793993315500015
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:jicepx:v:06:y:2015:i:01:n:s1793993315500015

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1793993315500015

Access Statistics for this article

Journal of International Commerce, Economics and Policy (JICEP) is currently edited by Ramkishen S. Rajan

More articles in Journal of International Commerce, Economics and Policy (JICEP) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().