Macroprudential Regulation: Potential Implications for Rules for Cross-Border Banking

摘要: In the post-crisis agenda of reform financial regulation, macroprudential policy has been assigned a central role. Some measures this involve restrictions on cross-border flows and discriminatory targeting particular institutions activities. Others target corporate form relations between constituent parts banking groups. Many implemented or proposed as part may be inconsistent with World Trade Organization (WTO) General Agreement in Services (GATS) other bilateral regional agreements trade investment services. As result both sets rules eventually require revision.