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Bcci: Lessons For International Bank Supervision

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  • RICHARD J. Herring

Abstract

This paper analyzes the BCCI collapse in light of the ongoing efforts of the Basle Committee on Banking Supervision to ensure that “no foreign banking establishment escapes adequate supervision.” It reviews the development of the Basle Committee's Concordat and analyzes ways of improving international bank supervision.

Suggested Citation

  • RICHARD J. Herring, 1993. "Bcci: Lessons For International Bank Supervision," Contemporary Economic Policy, Western Economic Association International, vol. 11(2), pages 76-86, April.
    • Handle: RePEc:bla:coecpo:v:11:y:1993:i:2:p:76-86
    DOI: 10.1111/j.1465-7287.1993.tb00381.x
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    Cited by:

    1. H. Soral & Talan İşcan & Gregory Hebb, 2006. "Fraud, banking crisis, and regulatory enforcement: Evidence from micro-level transactions data," European Journal of Law and Economics, Springer, vol. 21(2), pages 179-197, April.
    2. Herring, Richard J., 2017. "International Coordination of FInancial Supervision: Why Has It Grown? Will It Be Sustained?," Working Papers 17-04, University of Pennsylvania, Wharton School, Weiss Center.
    3. Franklin Allen & Richard Herring, 2001. "Banking Regulation versus Securities Market Regulation," Center for Financial Institutions Working Papers 01-29, Wharton School Center for Financial Institutions, University of Pennsylvania.

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