The Legal Framework for Foreign Bank Entry

Hüpkes, Eva H.G.

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The Legal Framework for Foreign Bank Entry

Banks and Bank Systems, Vol. 1, No. 4, 2006

12 Pages Posted: 7 Feb 2011

See all articles by Eva H.G. Hüpkes

Eva H.G. Hüpkes

Swiss Financial Market Supervisory Authority (FINMA)

Date Written: 2006

Abstract

This article seeks to contribute to the debate on how to devise an appropriate legal framework for foreign bank operations. It considers the implications of the corporate form of foreign bank operations and examines how countries can protect domestic financial systems effectively from the detrimental effects of cross-border failures. To this end, it critically reviews the various mechanisms and tools applied in a number of jurisdictions.

Keywords: foreign banking, bank insolvency, cross-border failure, subsidiary, branch

JEL Classification: G21, G28

Suggested Citation: Suggested Citation

Hüpkes, Eva H.G., The Legal Framework for Foreign Bank Entry (2006). Banks and Bank Systems, Vol. 1, No. 4, 2006, Available at SSRN: https://ssrn.com/abstract=1756187