01884cas a2200277 a 4500 AALejournalIMF001385 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451844665 1018-5941 BD-DhAAL BD-DhAAL Belaisch, Agnes. Euro-Area Banking At the Crossroads / Agnes Belaisch, Joaquim Levy, Laura Kodres, Angel Ubide. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (75 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyses the process of disintermediation, the progress in consolidation, the impact of new technologies, and the role of ownership and control structures for the euro area banking sector. The impact of these trends on competition policy, "too big to fail" concerns, and financial stability is investigated. In this setting, the paper endorses stronger cross-border coordination among supervisory authorities but notes that more formal cross-border arrangements through supranational agencies seem, at this stage, premature. However, an increased capacity to perform centralized market surveillance, building on domestic supervisory information, is needed to ensure the efficiency and stability of euro-area financial markets. Mode of access: Internet Kodres, Laura. Levy, Joaquim. Ubide, Angel. IMF Working Papers; Working Paper ; No. 2001/028 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/028/001.2001.issue-028-en.xml IMF e-Library