Cross-border banking in emerging markets and developing economies has expanded across most World Bank regions and has become large relative to some home and host economies. This paper analyzes recent trends of bank activities of financial groups headquartered in 46 emerging markets and...

1. Introduction: Banks And Non-Banks In The European Market For Payments -- 2. Payments -- 3. Key Legislative Initiatives On The Establishment Of An Internal Market For Payments -- 4. Non-Bank Market Access -- 5. Security Measures For Banks And Non-Banks -- 6. Anti-Money Laundering And The...

This comparative study explores how shadow banking differs from the traditional banking system. It discusses the origins, history, purposes, risks, regulatory constraints, and projected future evolution of both financial sectors of the world economy. This thorough examination of non-bank...