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2010 OUTLOOK — INTERNATIONAL BANKING: Financial Crisis, Cybercrime Push Cross-Border Harmonization Effort

January 26, 2010 in Banking Report · Leave a Comment 

Increasing international pressure to harmonize regulation will be one of the thorniest issues to face bank regulators in the coming year. Even before the current world financial crisis, experts warned of the dangers inherent in fragmented national supervision of multinational banks operating globally.

Expressions of concern over international regulatory harmonization are not new. Speaking at the…

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