01659cas a2200241 a 4500 AALejournalIMF002985 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451850475 1018-5941 BD-DhAAL BD-DhAAL Song, In. Foreign Bank Supervision and Challenges to Emerging Market Supervisors / In Song. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (52 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 The increased presence of foreign banks in a country's domestic banking system necessitates the development of effective cross-border prudential supervision where the consolidated supervision is the essential element. This paper presents foreign bank supervision in terms of division of responsibilities between the home and host countries, consolidated supervision, quality of home-country supervision, memoranda of understanding (MOUs), and "ringfencing" of banks. A number of challenges which foreign banks bring to emerging market banking supervisors are also discussed. The paper also provides surveys of country cases. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2004/082 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/082/001.2004.issue-082-en.xml IMF e-Library