1 On the Problems of Home Country Control

@inproceedings{Mayes19981OT,
  title={1 On the Problems of Home Country Control},
  author={David B Mayes and Jukka Vesala},
  year={1998}
}
In the European Economic Area the home country supervises the activities of its banks, wherever they are operating via branches or across borders, while the host country handles the stability of its financial system and problems stemming from failure or distress. We address two main problems related to the conduct and co-ordination of these two responsibilities. First, the introduction of the euro and the removal of other regulatory barriers is likely to lead to increasing internationalization… CONTINUE READING

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