TAILIEUCHUNG - Consultative Document Capitalisation of bank exposures to central counterparties

Until the 1990s, the main objective of the Italian banking regulation was to foster local de- velopment and to ensure financial stability. In general, mergers between public banks were not allowed; and for savings banks, there were strict authorization procedures for such mergers. This system was quite successful in supporting and stimulating the growth of the industrial sector, which was (and to a considerable extent still is) characterized by a large number of small and medium enterprises. But at the beginning of the 1990s, the system started to show its weaknesses. The growing needs to operate in an international environment and to achieve greater efficiency and per- formance,. | A newer version of this document was published in July 2012. http publ Basel Committee on Banking Supervision Consultative Document Capitalisation of bank exposures to central counterparties Issued for comment by 25 November 2011 November 2011 BANK FOR INTERNATIONAL SETTLEMENTS A newer version of this document was published in July 2012. http publ A newer version of this document was published in July 2012. http publ Copies of publications are available from Bank for International Settlements Communications CH-4002 Basel Switzerland E-mail publications@ Fax 41 61 280 9100 and 41 61 280 8100 This publication is available on the BIS website . Bank for International Settlements 2011. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN print 92-9131-862-0 ISBN web .

• Ngân hàng - Tín dụng
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