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Title: Supervising cross-border banks: matters arising.
Authors: Norris, K.
Keywords: Consolidated supervision,
Banking supervision,
Central Bank of Nigeria,
Issue Date: Dec-2008
Publisher: Research Department, Central Bank of Nigeria.
Citation: Norris, K. (2008). Supervising cross-border banks: matters arising. Economic and Financial Review, 46(4), 183–194.
Series/Report no.: Economic and Financial Review;Vol. 46, No. 4
Abstract: An essential element of banking supervision is that supervisors supervise their banking groups on a consolidated basis, adequately monitoring and, as appropriate, applying prudential norms to all aspects of the business conducted by each group worldwide. This paper examines supervision of banking groups on a consolidated basis which goes beyond accounting consolidation. It simply implies that there is a group-wide approach to supervision whereby all risks taken on by each banking group are taken into account wherever they are booked (i.e. in the bank or in a subsidiary; in Nigeria or elsewhere).
ISSN: 1957-2968
Appears in Collections:Economic and Financial Review

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