Bundesbank Lecture "Cross-border Supervisory Cooperation: A Progress Report"

In this lecture Thorsten Beck from the Florence School of Banking and Finance discusses a series of papers that show (i) the supervisory bias that rises from the geographic mis-match between cross-border banks’ footprint and supervisors’ national stability focus, (ii) the trade-off between stability spill-overs and heterogeneity in national preferences, (iii) stability impact of cross-border supervisory cooperation and (iv) regulatory arbitrage possibilities arising from incomplete cooperation.