Licensing Banks: Still Necessary?
by: Tomasso Padoa-Schioppa. 2000
2000, 32 pages
Type: The William Taylor Memorial Lecture
ISBN: 1-56708-114-2
Price: $10.00
Keywords: Banking
Rather than relying on the market and self-regulation, the licensing principle for banks must be restated to take account of market developments but strengthened and implemented on a global scale to reduce systemic risk and ensure equality of competitive opportunity.
