International co-operation among banking supervisory authorities is a relatively new phenomenon. It emerged in the 1970s following the burgeoning international banking activity which had developed significantly in the 1960s and has continued to grow apace thereafter. This paper reviews the growth in co-operation which has taken place during recent years from the particular perspective of the Committee on Banking Regulations and Supervisory Practices, meeting at the Bank for International Settlements in Basle, which has provided a focal point for that co-operation.
Developments in co-operation among banking supervisory authorities - Paper