Mr. Corrigan said many banking supervisors - especially those in industrialized countries - had already been following many of these standards informally.

Gordon Brown, the Chancellor of the Exchequer, proposed regular meetings of the fund, the bank and international banking supervisors to coordinate worldwide regulation.

All banks are required to hold a certain percentage of their assets as capital, a rate which may be established by the central bank or the banking supervisor.

Deville's contact in Bahamian customs could not be located, nor could he find the banking supervisor they'd been bribing.

Later, after moving into the White House, he cited deficiencies in the examination process, requesting that the banking supervisors reform it.

Free banking isn't actually free, the UK's top banking supervisor has claimed.

The latest proposals from the banking supervisors of the world's richest countries, who sit on the Basle Committee, are a case in point.

The proposals could intensify a long-running disagreement between banking supervisors and bankers, and some bankers immediately criticized the proposals.

The need for multilateral cooperation amongst banking supervisors has increased since the establishment of Economic and Monetary Union, for two reasons.

Furthermore, that is why we are following with great interest the discussions taking place on the possible creation of a European banking supervisor.