Global Bank Regulations

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Global Bank Regulations Differ

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Each country has methods used to monitor and regulate their commercial banks. Provide examples of differences in regulations that exist between those of the U.S. and at least two other countries. Provide at least one citation other than your book that was used in composing your response.

BOOK: Financial Markets and Institutions, Abridged Edition

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Regulation of the commercial banks is paramount as it steers towards the attainment of economic stability in the country. Thus, the motive why each state has different techniques or approaches to ensure the banking sector is well monitored and regulated. In all the nations, the central bank is the one responsible for drafting and implementing the legislation for the commercial banks. In the United States, the Federal Reserve is in control over the general monetary system thus ensures the financial institution such as commercial banks are monitored and regulated (Gabbi & Jafarey et al., 2015). Due to different legal framework between the countries, the regulation of the commercial banks differsInserted: the…

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Global Bank Regulations

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Global Bank Regulations