Cross-border supervisory cooperation: a progress report and research agenda

National supervisors in a world of integrated financial markets and cross-border banks face limited information and biased incentives, which can exacerbate financial fragility. While supervisory authorities have started cooperating across borders, such cooperation falls mostly short of supranational...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Beck, Thorsten
Format: Article ou chapitre numérique
Sprache:Français
Veröffentlicht: 2025
Online Zugang:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
Beschreibung
Zusammenfassung:National supervisors in a world of integrated financial markets and cross-border banks face limited information and biased incentives, which can exacerbate financial fragility. While supervisory authorities have started cooperating across borders, such cooperation falls mostly short of supranational supervision as in the Euro area. This paper summarises recent theoretical and empirical research in this area; it presents data on cross-border supervisory cooperation, shows the (limited) stability impact of such cooperation and reactions of global banking groups to increased supervisory cooperation.