Chapter 39

Cross-Border BankingRegulation, Supervision, and Crisis Resolution

L.D. Wall

Federal Reserve Bank of Atlanta, Atlanta, GA, USA

Outline

Introduction

Significance of Cross-Border Banking

Importance of Incentive Compatible Supervisory and Resolution Structures

Illiquid and Insolvent Banks

Lender of Last Resort

Resolution of Failed Banks

Prudential Supervision

Microprudential Supervision

Macroprudential Supervision

Conclusion

Glossary

Further Reading

Useful websites

Introduction

The global financial crisis that began in 2007 can be viewed merely as the most recent of a series of financial crises that have impacted countries around the world. What surprised some is not that another financial crisis occurred, but rather its magnitude and the ...

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