Basel Committee on Banking Supervision

Topics:
Commercial Banking
Tags:
Banking,
Electronic Banking,
Financial Services
Source:
Office of the Comptroller of the Currency

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Overview: This paper has two main areas of focus. The first is to identify banks' risk management responsibilities with respect to cross-border e-banking. The second objective is to focus attention on the need for effective home country supervision of cross-border e-banking activities as well as continued international cooperation between banking supervisors regarding such activities This is essential to promote safe and sound cross-border e-banking without creating undue regulatory burden or impediments to banks' use of the Internet delivery channel to meet customer needs.

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Format: PDF | Size: 96KB | Date: Jul 2003 | Pages: 21

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