in Regulation and supervision of financial institutions in the NAFTA countries and beyond,BIS Working papers no 38.
Edited by George M von Furstenberg, Kluwer Academic Publishers 1997,
Pages 48 – 81
The deregulation of domestic financial markets, in association with technological progress, has led to an explosion of cross-border financial transactions and the cross-border establishment of premises. In turn, this has led to a need for international agreements on how the business of international finance and banking should be conducted.
work38_International agreements in the area of banking and finance .pdf