REGULATIONS CONVERGENCE FOR BANKS ESTABLISHMENT OF JAPAN, UK AND GERMANY IN GLOBAL BANKING

Autori članka: 
Zumreta Galijašević, Tijana Šoja, Siniša Božičkovi
Godina izdavanja članka: 
2015
Broj u godini: 
1
Apstrak članka: 

REGULATIONS CONVERGENCE FOR BANKS ESTABLISHMENT OF JAPAN, UK AND GERMANY IN GLOBAL BANKING
Abstract: Establishment of banks is regulated by the legal and regulatory requirements. Banks regulation represents a set of rules and regulations that banks must meet at entering the banking business. National regulatory frameworks are created according to the banking business model that is being implemented in a particular country, so they different from each other. The regulatory framework issue for the banks establishment in the era of globalization concerns its global application. The purpose of the paper is to examine how the convergence of regulations in the field of establishment of banks affects the development and efficiency of banking. In this paper, we study the specific regulatory requirements for the banks establishment in Japan, Great Britain and Germany and isolating other regulatory requirements at the same time. For the purpose, the methods of quantitative and qualitative analysis are used. The aim is to explore advantages and disadvantages of certain regulations, their limitations and identify aspects where these policies converge in the global banking industry. The result of these study confirm the assumption about the development of the financial infrastructure and the efficiency of banking with the convergence of the regulation, which represents the best regulatory practices. The further convergence guidelines are focused on the acceptance of the universal banking model and solving minimum capital requirements for foreign banks branches.
Keywords: the establishment of banks, regulation, banking business models, convergence
 
KONVERGENCIJA REGULATIVA ZA OSNIVANJE BANAKA JAPANA, VELIKE BRITANIJE I NJEMAČKE U GLOBALNOM BANKARSTVU
Sažetak:
Osnivanje banaka uređeno je zakonskim i regulatornim propisima. Regulacija bankarstva predstavlja skup pravila i propisa koje banke moraju zadovoljiti kod ulaska u bankarsku djelatnost. Nacionalni regulatorni okviri kreiraju se shodno modelu bankarskog poslovanja koji se implementira u konkretnoj zemlji, pa se međusobno razlikuju. Problematika regulatornog okvira za osnivanje banaka u okolnostima globalizacije tiče se njegove globalne primjene. Svrha je ispitati na koji način konvergencija regulativa u domenu osnivanja banaka utiče na razvoj i efikasnost bankarstva. U radu se proučavaju specifični regulatorni zahtjevi za osnivanje banaka u Japanu, Velikoj Britaniji i Njemačkoj, uz istovremenu izolaciju ostalih regulatornih zahtjeva. U tu svrhu se koriste metode kvantitativne i kvalitativne analize. Cilj rada je proučiti prednosti i nedostatke pojedinih regulativa, njihova ograničenja, te utvrditi aspekte u kojima ove politike u globalnom bankarstvu konvergiraju. Rezultati istraženog potvrđuju predpostavku o razvoju finansijske infrastrukture i efikasnosti bankarstva uz konvergenciju prema regulativi koja predstavlja najbolju regulatornu praksu. Smjernice dalje konvergencije usmjerene su na prihvatanje modela univerzalnog bankarstva i rješavanje kapitalnog minimuma za poslovnice stranih banaka.
Ključne riječi: osnivanje banaka, regulacija, modeli bankarskog poslovanja, konvergencija.