GLOBAL BANKING REGULATIONAND SUPERVISION:WHAT ARE THE ISSUESAND WHAT ARE THE PRACTICES? -- CONTENTS -- PREFACE -- INTRODUCTION -- OVERVIEW OF FINANCIAL MARKETSAND BANKING SYSTEMS -- FINANCE AND GROWTH -- THE ROLE OF BANKS -- THE RELATIVE IMPORTANCE OF BANKS IN THE WORLDFINANCIAL SYSTEM -- WHAT IS A BANK? -- REGULATION AND SUPERVISION OF BANKS -- WHO SUPERVISES BANKS? -- Single Bank Supervisor or Multiple Bank Supervisors -- Bank Supervisory Role of the Central Bank -- The Scope of Supervisory Authority -- HOW DO COUNTRIES SUPERVISE BANKS? -- MARKET DISCIPLINE AND CORPORATE GOVERNANCE -- RISK MANAGEMENT AND BANK REGULATIONAND SUPERVISION -- Credit Scoring System -The Traditional Approach -- Value At Risk (VAR) - Modern Approach -- Credit Derivatives -- CROSS-BORDER ISSUES -- International Cooperation in Banking Regulation and Supervision:The Basel Committee on Banking Supervision -- Basel Capital Accord -- Core Principles for Effective Banking Supervision -- Offshore Financial Centers -- Banking and the WTO -- DEPOSIT INSURANCE -- DEPOSIT INSURANCE, SYSTEMIC STABILITY,AND MORAL HAZARD -- INTERNATIONAL COMPARISONSOF DEPOSIT INSURANCE SYSTEMS -- SUMMARY AND CONCLUSIONS -- REFERENCES -- INDEX.