U.S. banking regulations prevent banks from owning major
corporations. In other countries, the banking industry is much more
integrated with the corporate sector, with banks owning
corporations or being owned by them, allowing easier finance for
corporations. Is the United States at a competitive disadvantage
because of its regulations? What would be the benefits and costs if
the United States were to liberalize its regulations and allow
greater integration of banking and commerce?
Banks, Citizens, and the Government
Discussion Topic
Individuals and companies use banks as a place to store money,
as well as to borrow money. To what extent should the government
put restrictions on banks and individuals or companies with regard
to tracking and regulating money exchanges?
How has electronic money transfer effected our lives?
Bank regulations are a form of government regulation which
subject banks to certain requirements, restrictions and guidelines.
This regulatory structure creates transparency between banking
institutions and the individuals and corporations with whom they
conduct business.
(a) It is often said that Hong Kong maintains a “three-tier
banking system.” Critically review the key features of this
system.
(b) Banks in Hong Kong are overly regulated by the Hong Kong
Monetary Authority. Do you agree with this statement? Please cite
three examples
3. How do Indian government regulations affect the ability of
global banks to offer services there? (Consult the latest India
report on the U.S. Trade Representative site at www.ustr.gov.)
Research - Product launch failing to comply to
regulations or standards - minimum 2 pages, no maximum. Brief
product descriptions, company descriptions, detailed explanation of
situation and which regulations were in question. why did the
product fail to meet regulations? What can you learn from this?
What was the outcome and did the company face fines or worse?
1000 words