English, Article edition: Financial Regulation and the Convergence Scenario* Arthur Ryan

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Financial Regulation and the Convergence Scenario&​ast;
Author
  • Arthur Ryan
Physical Description
  • article
Notes
  • Convergence is the blurring of conventional boundaries separating the traditional providers of once discrete financial services. Although a relatively new phenomenon, convergence is pervasive globally, as evidenced by bancassurance in Europe and the recent spate of high-profile mergers around the world.This paper looks at the market forces driving convergence. It examines how companies are re-positioning themselves in a more global environment, and how regulators are responding to market changes in their respective countries. The paper also looks at the emerging debate over whether a new ‘financial global architecture’ is needed to meet the challenges of regulating global companies. The Geneva Papers on Risk and Insurance (2001) 26, 44–53. doi:10.1111/​1468-0440.00093
  • RePEc:pal:gpprii:v:26:y:2001:i:1:p:44-53
Language
  • English
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