The Role of the Basle Standards in International Banking Supervision

Kern Alexander

Working Papers from Centre for Business Research, University of Cambridge

Abstract: This paper analyses the emerging international supervisory regime for banking institutions that operate on a transnational basis. It focuses on the basle framework as an institutional regime of norms and principles that govern international financial relations amongst the g10 countries. This paper argues that the basle committee on banking supervision has played a significant role in developing principles of sound regulatory practice for national supervisors to adopt in their jurisdictions. The increasing deregulation and liberalisation of international financial markets necessitates effective international minimum standards of supervisory practice to regulate the international activities of banking institutions. This paper further suggests that the increasing complexity of international financial markets and the need to reduce systemic risk require a global supervisor to coordinate the regulatory activities of national authorities. Indeed, a global supervisor should take the lead in providing information and expertise for national authorities and should, in some cases, take more proactive measures to ensure compliance with international norms.

Keywords: international banking law; international financial markets; international economic order; banks; international policy coordination and transmission. (search for similar items in EconPapers)
JEL-codes: F02 F42 G15 G21 K29 (search for similar items in EconPapers)
Date: 2000-03
Note: PRO-1
References: View references in EconPapers View complete reference list from CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:cbr:cbrwps:wp153

Access Statistics for this paper

More papers in Working Papers from Centre for Business Research, University of Cambridge
Bibliographic data for series maintained by Ruth Newman ().