Banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. The Governments cant just let the banks do whatever they wish. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
aims of banking are the principle aim of a bank to improve thier cotomer servies ie that
Supervised banking does not mean that there are any direct rules that banks have to follow; there are suggestions which are usually followed but it is not mandatory for the bank to follow them. Banking regulations differ in that there are penalties if the banks break there regulations; regulations are like laws that the bank must follow.
In the United States, banking supervision focuses on the safety and soundness of the bank and its compliance with consumer protection laws.
No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).
postal banking is the sysem of banking faster system to develop to the banking process.
Derrick Ware has written: 'Basic principles of banking supervision' -- subject(s): Banking and finance, Bank supervision 'Basic principles of banking supervision' -- subject(s): Banking and finance, Bank supervision
R. M. Pecchioli has written: 'Prudential supervision in banking' -- subject(s): Banks and banking, Organisation for Economic Co-operation and Development, State supervision 'Internationalization of Banking'
The aim of supervision should be to help people, machines, and gadgets to do a better job. Supervision of management is in need of overhaul, as is supervision of production workers.
aims of banking are the principle aim of a bank to improve thier cotomer servies ie that
Andrew Cornford has written: 'The role of the Basle Committee on banking supervision in the regulation of international banking'
Larisa Dragomir has written: 'European prudential banking regulation and supervision' -- subject(s): Banking law, Law and legislation, International Banks and banking
Timothy Haosen Wan has written: 'Development of banking law in the greater China area' -- subject(s): Banking law, Banks and banking, State supervision
Jukka Vesala has written: 'Technological Transformation and Retail Banking Competition' 'Testing for competition in banking' -- subject(s): Banks and banking, Competition, Bank loans 'Retail banking in European financial integration' -- subject(s): Banks and banking, State supervision
Hanna Heinrichs has written: 'Barings' -- subject(s): Bank failures, Banks & Banking, Banks and banking, Barings Bank, State supervision
Supervised banking does not mean that there are any direct rules that banks have to follow; there are suggestions which are usually followed but it is not mandatory for the bank to follow them. Banking regulations differ in that there are penalties if the banks break there regulations; regulations are like laws that the bank must follow.
I believe it was the Basel Committee on Banking Supervision who issued Basel 2. It was published in June of 2004. It's objective was to create an international standard for banking regulator to use.
Basel II is the second set of recommendations released by Basel Committee on Banking Supervision. These recommendations are directed towards international governments for the purpose of creating a standardized international banking system.