Skip to main content
Log in

International harmonization of banking regulations and cooperation among national regulators: An assessment

  • Policy Analysis Section
  • Published:
Journal of Financial Services Research Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

References

  • Benston, George J. “Federal Regulation of Banking: Analysis and Policy Recommendations.”Journal of Bank Research 13 (Winter 1983), 216–244. Updated in “Why Continue to Regulate Banks? An Historical Assessment of Federal Banking Regulation.”Midland Corporate Finance Journal 5 (Fall 1987), 67–82.

    Google Scholar 

  • Benston, George J. “U.S. Banking in an Increasingly Integrated and Competitive World Economy.”Journal of Financial Services Research 4 (December 1990), 311–339.

    Google Scholar 

  • Benston, George J., “Does Bank Regulation Produce Stability? Lessons from the United States.” In: Forrest Capie and Geoffrey E. Wood, eds.,Unregulated Banking: Order or Chaos? London: Macmillan. 1991 207–232.

    Google Scholar 

  • Benston, George J. “International Bank Capital Standards.” In: James R. Barth and Phillip F. Bartholomew, eds.Emerging Challenges for the International Financial Services Industry. Greenwich, Conn.: JAI Press. 1992.

    Google Scholar 

  • Benston, George J., and George G. Kaufman.Risk and Solvency Regulation of Depository Institutions: Past Policies and Current Options. New York University Graduate School of Business Administration, Salomon Center Monograph Series in Finance and Economics, Monograph 1988–1. New York. 1988. Also published in a shortened version as “Regulating Bank Safety and Performance”. In: William S. Haraf and Rose Marie Kushmeider, eds.,Restructuring Banking and Financial Services in America, Washington, D.C.: American Enterprise Institute. 1988.

    Google Scholar 

  • Carosio, Giovanni. “Problems of Harmonization of the Regulation of Financial Intermediation in the European Community.”European Economic Review 34 (1990), 578–586.

    Google Scholar 

  • Corrigan, Gerald. “Challenges Facing the International Community of Bank Supervisors.”Quarterly Review (Federal Reserve Bank of New York) (Autumn 1992), 1–9.

  • Dale, Richard.The Regulation of International Banking. Cambridge, U.K.. Woodhead-Faulkner. 1984.

    Google Scholar 

  • Department of the Treasury.Modernizing the Financial System: Recommendations for Safer, More Competitive Banks, Washington, D.C. February 1991.

  • Diamond, David, and Phillip Dybvig. “Bank Runs, Deposit Insurance, and Liquidity.”Journal of Political Economy 91 (June 1983), 401–419.

    Google Scholar 

  • Fingleton, John, and Dirk Schoenmaker, eds.,The Internationalisation of Capital Markets and the Regulatory Response. London. Graham & Trotman, 1992.

    Google Scholar 

  • Folkerts-Landau, David F.I.Systematic Financial Risk in Payment Systems. International Monetary Fund, Washington, D.C., June, 1990.

    Google Scholar 

  • Folkerts-Landau, David F.I., and Donald J. Mathieson. “Innovation, Institutional Changes, and Regulatory Response in International Financial Markets.” In: William S. Haraf and Rose Marie Kushmeider, eds.Restructuring Banking and Financial Services in America. Washington, D.C.: American Enterprise Institute. 1988, 392–423.

    Google Scholar 

  • Friedman, Benjamin M. “Implications of Increasing Corporate Indebtedness for Monetary Policy.” Occasional Paper 29, New York and London: Group of Thirty. 1990.

    Google Scholar 

  • Herring, Richard J., “BCCI: Lessons for International Bank Supervision,”Contemporary Policy Issues 11 (1993), 76–86.

    Google Scholar 

  • Kane, Edward J..The Gathering Crisis in Federal Deposit Insurance, Boston: MIT Press. 1985.

    Google Scholar 

  • Kaufman, George G. “Bank Runs: Causes, Benefits, and Costs.”Cato Journal 7 (1988), 559–587.

    Google Scholar 

  • Group of Thirty.Risks in International Bank Lending, New York, 1982.

  • Schwartz, Anna. “Financial Stability and the Federal Safety Net.” In: Rose Marie Kushmeider and William S. Haraf, eds.,Restructuring Banking and Financial Services in America. Washington, D.C., American Enterprise Institute. 1988, pp. 34–62.

    Google Scholar 

  • Shadow Financial Regulatory Committee. Statement 41, “An Outline of a Program for Deposit Insurance and Regulatory Reform.” Issued February 13, 1989.Journal of Financial Services Research 6 (Supplement), (1992a) S-78–S-82.

    Google Scholar 

  • Shadow Financial Regulatory Committee. Statement 74, “Bank of Credit and Commerce International”. 1992b. Issued September 16, 1991,Journal of Financial Services Research 5 (February), 305–306.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Additional information

I am indebted to Randall Benston, Mike Carhill, George Kaufman, Richard Herring, Edward Kane, Shehzad Mian, James Rosenfeld, Stephen Timme, and Larry Wall for helpuf comments, and especially to Robert Eisenbeis. An earlier version of this paper was presented at a conference sponsored by the Financial Markets Group of the London School of Economics and published in Fingleton and Schoenmaker (1992).

Rights and permissions

Reprints and permissions

About this article

Cite this article

Benston, G.J. International harmonization of banking regulations and cooperation among national regulators: An assessment. J Finan Serv Res 8, 205–225 (1994). https://doi.org/10.1007/BF01057737

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF01057737

Keywords

Navigation